“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>On Monday President Barack Obama conducted

a teleconference with editors and publishers from the minority

press, including The St.

Louis American. This is the transcript of the president’s

presentation to the black press, followed by the question posed by

The American and

Obama’s answer to it.

The president closed by exhorting the editors

to tell their readers that he personally had asked them to vote in

the Nov. 2 midterm elections.

“I want you to tell your readers that the

president of the United States specifically asked them to turn out

at the polls,” Obama said.

“They must make sure they participate in the

process, and if they do we will be able to move forward.”

President Barack Obama:

From the first day of my presidency, I have

focused on two main challenges: how to rescue our economy from the

worst economic crisis since the Great Depression, and how to build

a new foundation for economic growth.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>Before I was sworn in, the economy had

lost more than four million jobs in the months before January 2009,

and ultimately we lost nearly eight million jobs before any of my

economic policies could take effect. I know many working and

middle-class families, and working-class families that aspire to be

middle-class – especially African-American families – are in

jeopardy.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>I hoped we’d get Republicans to help us

deal with these challenges. We didn’t. They decided to stand on the

sidelines. They figured that given the scope of what we were in, if

they said, “No” to everything, it would help them politically. We

decided to focus not on politics but on what is right for the

country and make some tough decisions about what is good for the

economy.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>Twenty-one months later, the economy is

growing again and we no longer face the possibility of another

Great Depression. We have seen nine consecutive months of job

growth. And we have worked on some other things that, before the

crisis hit, no one in Washington was focused on.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>We have passed huge education reform, not

only in K through 12 but in student loans, making billion of

dollars available for Pell grants and students loans so students

can go to college, including helping HBCUs.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>We passed changes in health care, which

was bankrupting families and businesses and draining our federal

budget. Now there is greater security for people who have health

insurance, and people who don’t have it will be able to get

it.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>We have helped small businesses get tax

credits throughout country so they can afford to provide employee

with health insurance. We have passed tax cuts for 95 percent of

all Americans, instead of focusing on millionaires and

billionaires.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>We have helped small businesses across the

board, which will have a huge impact on minority businesses, who

often have the greatest difficulty getting financing, making sure

small businesses get the help they need.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>We have tried to make sure people stay in

their homes. We have made changes to make sure people are not being

taken advantage of, that mortgage brokers are not steering people

into mortgages they can’t afford.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>So look at what we have been able to do,

not just to stem the crisis but to deal with the long-standing

issues. But I know we have a long ways go and a lot of people are

hurting.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>The key to be able to move forward and

continue any progress on behalf of the middle class, the only way,

is to get me help on Capitol Hill. I intend to reach out to

Republicans, but frankly this election is about who will be there

to look out for the middle class and working-class families – or

who will be able to roll back some of the reforms and changes we

have initiated. The last thing we can afford to do is to return to

the economic policies that nearly destroyed our economy in the

first place. It’s a critical that everyone understand what is at

stake and turn out the vote.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>

“font-family: Verdana,Arial,Helvetica,sans-serif; line-height: normal; font-size: 12px;”>

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>The American:

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>How can we recommend that our readers vote

for Democrats who are running away from you on the campaign trail

and don’t claim to embrace your legislative

accomplishments?

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”> 

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>President Obama:

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>Look, it’s a tough political environment.

The fact of the matter is because there were so many things we had

to do in such a tough environment, a lot people still don’t know

what we did.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>If you ask people if we should invest in

new infrastructure and spend to put people to work, they say it is

a great idea. If you ask is it good idea to give tax cuts to 95

percent of the American people, they say, “Yeah, absolutely.” If

you ask is it a good idea to invest in clean energy and solar

panels and wind turbines, they say it is a great idea.

Well, did all that in the Recovery Act, with

the stimulus package. But then suddenly they say, “We don’t like

the Recovery Act.” There is a disconnect between the things we have

done and the successful branding of these things by Republicans.

I’m not surprised a lot of Democratic candidates who voted for some

of my legislation and supported me, but right now are having a hard

time getting traction, sometimes don’t advertise the help they

provided.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>I have a great deal of confidence that if

we have Democrats in Washington, they will be folks I can work with

and keep making progress to help small businesses, blighted

neighborhoods, to be able to continue to build new infrastructure

and put more people to work and still invest in clean energy.

Democrats are far less likely to threaten to cut education by 20

percent, as some Republicans have suggested, or offer more tax cuts

to the wealthiest.

“font-size: 10pt; line-height: 115%; font-family: Arial;” lang=

“EN-US” xml:lang=”EN-US”>When you look at what Democrats did in the

last two years for the good of the American people, the good they

have done on behalf African Americans, then I say don’t worry so

much about a bunch of TV ads. When you get into the political

season, people just talk in sound bites, especially when millions

are being spent on negative ads from independent, undisclosed

organizations run by Republican operatives. They are getting

pummeled every day.

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