The White House Blog: The President
- Posted byon October 2, 2014 at 2:40 PM EST
The story of the last six years is the story of progress. In 2009, businesses were laying off 80,000 Americans a month. The unemployment rate sat at 10 percent. Manufacturing lagged behind while health care costs skyrocketed. And the deficit stood at nearly 10 percent of our economy.
Now, thanks to the determination of the American people and the decisions of the Obama administration, our economy is telling a remarkable story. Businesses have added 10 million jobs over 52 straight months of job growth, the longest streak on record. The unemployment rate has fallen to 6.1 percent, there are more job openings now than at any time since 2001, our country is the most attractive location in the world for investment, health care prices have risen at the lowest rate in nearly 50 years since the Affordable Care Act, and the deficit is approaching three percent of our economy.
President Obama laid out these facts today in an address to the young entrepreneurs of Northwestern University's School of Management. "It is indisputable that our economy is stronger today than it was when I took office. By every economic measure," he said. "At the same time, it also indisputable that millions of Americans don't yet feel enought of the benefits of a growing economy where it matters most -- and that's in their own lives."
- Posted byon October 2, 2014 at 11:54 AM EST
Today at 2:15 p.m. ET, President Obama will speak to entrepreneurs at Northwestern University about the future of America's 21st century economy.
Take a first look at what he'll be talking about.
Our economy is stronger now than when the President took office during the Great Recession. Businesses are creating more jobs, our manufacturing sector is booming, and our nation is more energy independent than ever before.
But we're not there yet, and to build an economy that works for every American -- not just the privileged few -- we must invest in key economic cornerstones that will create security and opportunity for America’s middle class.
See where we stand on these essential parts of our economic foundation -- then have these charts on hand when you tune in to the President’s speech at 2:15 p.m. ET to hear how we can continue this progress and ensure a future of growth and prosperity for every American.
- Posted byon October 2, 2014 at 11:27 AM EST
— The White House (@WhiteHouse) October 2, 2014
This afternoon, the President is heading to Northwestern University's Kellogg School of Management, to make the case for what has always fueled America's leadership -- America's economic greatness. Be sure to tune in live at 2:15 p.m. ET today, and then join a series of chats with White House senior advisors on topics covered in the speech.
Here's the full schedule:
Thursday, October 2:
- 3:30 p.m. ET: Jeff Zients, Director of the National Economic Council, answers your questions on the White House Tumblr. Submit a question now.
- Posted byon October 1, 2014 at 7:00 PM EST
This afternoon, President Obama welcomed Major League Soccer team Sporting Kansas City to the White House in honor of the team's 2013 MLS Cup championship win.
In his remarks, the President noted the success that Kansas City sports teams are having as of late -- with the Royals advancing to the playoffs, as well as the Chiefs' blowout win over the New England Patriots this past Monday -- but gave credit to Sporting KC for being "the ones who got it all started."
"It's a pretty good day to be from Kansas City," he said.
- Posted byon October 1, 2014 at 3:40 PM EST
President Obama welcomed Israeli Prime Minister Benjamin Netanyahu to the White House this morning, where the two met on a number of issues including the situation in Gaza and the work to degrade and destroy ISIL.
In remarks to the press, the President noted that this meeting "gives us an opportunity once again to reaffirm the unbreakable bond between the United States and Israel, and our ironclad commitment to making sure that Israel is secure."
- Posted byon September 30, 2014 at 7:08 PM EST
This morning, President Obama met with Indian Prime Minister Narendra Modi, marking the first bilateral summit between the two heads of state.
"It is an extraordinary pleasure to welcome Prime Minister Modi to the White House for the first time," President Obama said in remarks after their meeting. The President recognized the Prime Minister's historic victory in the Indian general election earlier this year, and the two leaders discussed the broad partnership that exists between the United States and India:
- Posted byon September 30, 2014 at 3:53 PM EST
In February of this year, President Obama launched the My Brother’s Keeper (MBK) initiative to ensure that all youth, including boys and young men of color, have opportunities to improve their life outcomes and overcome barriers to success. The initiative aims to bring together government, law enforcement, business, non-profit, philanthropic, faith, and community leaders around shared goals for young people in this country.
And now, the Administration is taking this effort local, by engaging Mayors, tribal leaders, and county executives who are stepping up to lead in their communities. In a speech this past Saturday at the Congressional Black Caucus (CBC) awards dinner, President Obama announced the My Brother’s Keeper Community Challenge, which will encourage communities (cities, counties, suburbs, rural municipalities, and tribal nations) to implement coherent cradle-to-college-and-career strategies aimed at improving life outcomes for all young people, consistent with the goals and recommendations of the White House’s MBK Task Force’s May, 2014 report. Rather than build a new federal program, or provide a top-down solution to problems that are often unique to local neighborhoods, the President has called upon local leaders, and sought to provide them the support and momentum they need, to design and implement strategies that are proven to work to address a set of challenges that are too often taken on in silos.
There is already incredible work being done by elected and community leaders around the country. This MBK Community Challenge is about harnessing that energy, expanding upon it, and operationalizing plans of action to functionally channel it at the local level.
- Posted byon September 30, 2014 at 11:09 AM EST
Earlier today, White House Senior Advisor Dan Pfeiffer sent this message to the White House email list previewing President Obama's week ahead. Didn't get it? Make sure you sign up for email updates here.
Last week at the United Nations, President Obama laid out a forceful case that in an uncertain world, American strength and leadership is the one constant.
The United States is leading an international coalition in the fight to degrade and ultimately destroy ISIL, to counter Russian aggression in Ukraine, and to contain and combat the Ebola epidemic in West Africa.
As the President said on Sunday night: That's how we roll.
This Thursday, speaking to Northwestern University's Kellogg School of Management, the President will make the case for what has always fueled America's leadership -- and that's America's economic greatness. He'll take a step back from the rush of current events to explain what we've done to recover from the Great Recession and what we need to do to ensure that more middle-class Americans feel that progress in their own lives.
- Posted byon September 29, 2014 at 4:24 PM EST
If you watch one video today, this should be it:
Whenever challenges face the world, one fact is clear: The world looks to the United States.
Last night, in an interview with 60 Minutes, President Obama explained why the United States is "the indispensable nation" when trouble arises in the world. From responding to humanitarian crises to confronting terrorism, America leads.
Because -- as the President said -- "that’s how we roll."
- Posted byon September 27, 2014 at 5:00 AM EST
President Barack Obama tapes the Weekly Address in the Roosevelt Room of the White House, Sept. 25, 2014. (Official White House Photo by Lawrence Jackson)
In this week’s address, the President reiterated the forceful and optimistic message of American leadership that he delivered in his speech before the United Nations General Assembly earlier this week. America is leading the world against the most pressing challenges, including the fight to degrade and destroy ISIL, the effort to stop the Ebola epidemic, and the movement to confront the threat from climate change.
The world looks to America and its commitment to freedom in the face of uncertainty, and as the President said, it will continue to do so for generations to come.