Transcript: President Obama Press Conference/Campaign Speech June 29, 2011 Full Text | Politisite


THE WHITE HOUSE – PRESS CONFERENCE BY THE PRESIDENT – East Room –   11:40 A.M. EDT June 29, 2011 Watch Video

THE PRESIDENT:  Good morning, everybody.  Have a seat, please.  I just want to say a few words about the economy before I take your questions.

There are a lot of folks out there who are still struggling with the effects of the recession.  Many people are still looking for work or looking for a job that pays more.  Families are wondering how they’d deal with a broken refrigerator or a busted transmission, or how they’re going to finance their kids’ college education, and they’re also worrying about the possibility of layoffs.

The struggles of middle-class families were a big problem long before the recession hit in 2007.  They weren’t created overnight, and the truth is our economic challenges are not going to be solved overnight.  But there are more steps that we can take right now that would help businesses create jobs here in America.

Today, our administration is trying to take those steps, so we’re reviewing government regulations so that we can fix any rules in place that are an unnecessary burden on businesses.  We’re working with the private sector to get small businesses and start-ups the financing they need to grow and expand.  And because of the partnership that we’ve launched with businesses and community colleges, 500,000 workers will be able to receive the right skills and training for manufacturing jobs in companies all across America — jobs that companies are looking to fill.

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