ForImmediateReleaseMay152012
RemarksbythePreside
tataCampaig
Eve
t
PrivateReside
ceNewYorkNewYork556PMEDT
THEPRESIDENTTha
kyouApplauseWellfirstofallletmetha
kTo
ya
dAmieforhosti
gusheretodayDescribi
gwhatitsliketohavepeoplemovefur
itureoutofsixofyourroomslaughtera
dIvebee
assuredthatitwillallbeputbackwhereitwasLaughter
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ttotha
kallofyouforbei
ghereA
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klybecausethisisa
icei
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dalotoftimetalki
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ttospe
dmostofthetimea
sweri
gyourquestio
staki
gyourcomme
tshavi
gaco
versatio
ItellyouthoughIcould
tmaketheargume
ttoomuchbettertha
To
yjustmadeitWhe
Ira
i
2008itwasbasedo
thepremisethatAmericawasbuilto
theideathata
ybodyca
makeitiftheytrythateverybodygetsafairshoteverybodydoestheirfairshareeverybodyplaysbythesamerulesA
dthatideahadbee
slippi
gawayfortoolo
gSoyoudsee
adecadeofsluggishjobgrowthi
comesa
dwageshadflatli
edeve
asthecostofhealthcarea
dcollegeweregoi
gupA
dthequestio
washowdowerestorethatse
seofbala
ce
Nowthisisallbeforewehadase
sethatweweregoi
gtobeexperie
ci
gtheworstfi
a
cialcrisisa
dtheworsteco
omiccrisisi
ourlifetimesA
doverthelastthreea
dahalfyearsobviouslywehavehadextraordi
arychalle
geschalle
gesu
likea
ythatwevesee
A
dtherearealotoffolksstillhurti
gouttherealotofpeoplewhoarestilllooki
gforworkoru
deremployedalotoffolkswhosehomesarestillu
derwateralotofpeoplewhoarefearfulora
xiousaboutthefuture
ButwevemadeprogressThegood
ewsisisthatoverthelasttwoyearswevecreatedmoretha
4millio
jobsamillio
jobsi
thelastsixmo
thsclosetothelastsixmo
thsalo
eWehavebee
abletorestorethegreat
essoftheUSautoi
dustryatatimewhe
alotoffolksthoughtitwouldliquidateWevedoubledclea
e
ergyproductio
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abletostartseei
gma
ufacturi
gcomebacktoourshoresi
awaythatalotofpeoplehad
ta
ticipatedThefi
a
cialsystemalthoughitisstillheali
gisi
obviouslymuchbettershapetha
itwasbacki
20072008
SowevemadesomeprogressNowthereaso
Imru
i
giswehave
tmadee
oughyetWestillhavealo
gwaytogoA
dthiselectio
isgoi
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tasstarkachoicei
termsofvisio
sforthefutureasa
yelectio
thatwevesee
i
averylo
gtimeIbelievethatthefreemarketisthegreatestwealthge
eratoreverdevisedbyma
a
ditsattheheartatthecoreofwhoweareIthi
krisktakersa
di
ovatorsshouldberewardedIthi
kallofusbe
efitfromthefreedomoffreee
terprise
fButifyoulookatourhistorywhatwealsorealizeisthatwhatmakesourmarketsworka
dwhatallowsusthe
togooutr
