Wednesday, February 13, 2013

2013 State of the Union Address TRANSCRIPT

Buzzing, dissecting, analyzing - oh my!

The day after the President gives the State of The Union address is always one of comment and reaction. Barack Obama keyed in on certain issues while ignoring others. Well, perhaps "ignoring" is too strong a word. But that's okay.

I jotted down a few things and what I'll do (and you can too) is bookmark this post and we'll come back to it later on down the road, let's say this fall.

(1) A picture of rosy optimism - POTUS pointed out that the recession is waning, 6 million new jobs have been created, housing is healing and the stock market rebounding.

(2) He kept mentioning THE MIDDLE CLASS and tied "building it" to Immigration Reform.

(3) He talked about American jobs and making the US a "manufacturing magnet."

(4) ENERGY was discussed, including high gasoline prices (rising this morning as I type this) along with combatting CLIMATE CHANGE.

(5) Raising the federal minimum wage to $9 an hour poppep up.

(6) EDUCATION initiatives involved expanding pre-K and re-imagining high schools.

Then, he addressed (7) CYBERSECURITY and (8) GUN VIOLENCE, all the while calling for "bi-partisan agreements" with phraseology like "send me a bill and I'll sign it."

Now, the bread is in the oven. Stripping away the pomp and cheerleading and the other fluff away from any SOU is best done a few months later.

In the GOP rebuttal, Sen. Marco Rubio came down hard on OBAMACARE.

..::: The Address :::..

Mr. Speaker, Mr. Vice President, Members of Congress, fellow citizens:

Fifty-one years ago, John F. Kennedy declared to this Chamber that "the Constitution makes us not rivals for power but partners for progress…It is my task," he said, "to report the State of the Union – to improve it is the task of us all."


Tonight, thanks to the grit and determination of the American people, there is much progress to report. After a decade of grinding war, our brave men and women in uniform are coming home. After years of grueling recession, our businesses have created over six million new jobs. We buy more American cars than we have in five years, and less foreign oil than we have in twenty. Our housing market is healing, our stock market is rebounding, and consumers, patients, and homeowners enjoy stronger protections than ever before.

Together, we have cleared away the rubble of crisis, and can say with renewed confidence that the state of our union is stronger.

But we gather here knowing that there are millions of Americans whose hard work and dedication have not yet been rewarded. Our economy is adding jobs – but too many people still can't find full-time employment. Corporate profits have rocketed to all-time highs – but for more than a decade, wages and incomes have barely budged.

It is our generation's task, then, to reignite the true engine of America's economic growth – a rising, thriving middle class.

It is our unfinished task to restore the basic bargain that built this country – the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, what you look like, or who you love.

It is our unfinished task to make sure that this government works on behalf of the many, and not just the few; that it encourages free enterprise, rewards individual initiative, and opens the doors of opportunity to every child across this great nation.

The American people don't expect government to solve every problem. They don't expect those of us in this chamber to agree on every issue. But they do expect us to put the nation's interests before party. They do expect us to forge reasonable compromise where we can. For they know that America moves forward only when we do so together; and that the responsibility of improving this union remains the task of us all.

Our work must begin by making some basic decisions about our budget – decisions that will have a huge impact on the strength of our recovery.

Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion – mostly through spending cuts, but also by raising tax rates on the wealthiest 1 percent of Americans. As a result, we are more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances.

Now we need to finish the job. And the question is, how?

Continue reading an annotated version of the President's message, with facts and background related to his speech compiled by Marketplace editors and reporters.



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