DrudgeReportArchives.com
Today's DrudgeReport.com
Drudge's Special Reports


Recent Headlines
Popular Headlines
Time Line



CX: Not 'laughter,' 'applause'...


Advertisement







CX: Not 'laughter,' 'applause'...
June 21, 2011 16:46:37 EDT

THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release

June 20, 2011

REMARKS BY THE PRESIDENT AT DNC EVENT

Mandarin Oriental Hotel

Washington, D.C.

Please see below for a correction (marked with an asterisk) to the transcript.

9:06 P.M. EDT

THE PRESIDENT: Thank you. Thank you, everybody. Thank you. (Applause.) Thank you, everybody. Please have a seat, have a seat.

It is wonderful to see all of you. I've got a lot of friends in the room here. People who knew me before anybody could pronounce my name. (Laughter.) People who knew me before I had gray hair. (Laughter.) It is wonderful to see those of you who?ve been friends for a long time, and it?s wonderful to see new friends here as well.

What I'd like to do is to make some very brief remarks at the top and then have a chance to take a few questions, because that will give us a chance to have a dialogue, and you might have some suggestion that we haven?t thought of. And it?s one of the great things about these kinds of events is people here have so much expertise in so many different areas that it?s a wonderful thing for me to be able to pick your brain as well as just you guys hearing me chatter.

We are obviously going through one of the toughest periods in American history. We went through the worst financial crisis since the Great Depression, and immediately after being elected, I had to take a series of very difficult steps to rescue ourselves from the brink. We had lost 4 million jobs in the six months before I was sworn in; lost another 4 million during the period probably six months after I was elected. And so as a consequence, we had to do some things that we didn?t expect we would have to do, just to save the economy -- stabilize the financial system, make sure that states and local governments didn?t have to lay off police officers and cops and firefighters. We had to save an auto industry. I never expected to be a automobile executive. (Laughter.)

As a consequence of that swift, decisive, and sometimes difficult period, we were able to take an economy that was shrinking by about 6 percent and create an economy that is now growing, and has grown steadily now over many consecutive quarters. Over the last 15 months we?ve created over 2.1 million private sector jobs. (Laughter.) (Applause.)*






The Drudge Report does not own, operate or maintain DrudgeReportArchives.com and is not responsible for it in any way.

Drudge Report : E-mail: drudge@drudgereport.com
Matt Drudge's Book: Drudge Manifisto
Matt Drudge on social media: Twitter (occasionally)
Matt Drudge music: Playlist



Home | DMCA | Link Decay

General Support:

Copyright © 2024 DrudgeReportArchives.com. All Rights Reserved.