Text of Obama Speech on Gas Prices and the Economy

Following a couple of weeks of media obsession about a man who's not his pastor, debates over debates (one that wasn't, and one that everyone wishes hadn't been), endless speculation over "banked" superdelegates, an 18-year-old mumble caught on film, and other distractions, Barack Obama gave a speech today at Lawrence High School in Indianapolis, Indiana, that returned attention to issues that matter, especially gas prices and the Main Street economy.

Before posting the text of that speech, I have a favor to ask, designed to maximize the level of discourse: before commenting, please read the speech. (Seems like that would be a good rule for all posts!)

Here's what Obama said in Indiana today:

"When I began this campaign for the presidency, I said I was running because I believed that the size of our challenges had outgrown the smallness of our politics in Washington – the pettiness and the game-playing and the influence-peddling that always prevents us from solving the problems we face year after year after year.

"I ran because I believed that this year – that this moment – was too important to let that happen again. And I had faith that you believed that too – that you were ready for something different; that you were hungry for something new.

"Fifteen months later, we’re already doing what none of the cynics in Washington thought we could do. In the face of a politics that’s tried to divide us and distract us and make this campaign about who’s up and who’s down and who-said-what-about-who, we’ve built a movement of Americans from every race and region and party who desperately want change in Washington.

"I have no illusions about how far we have to go. Our road is still long. Our climb is still steep. But fifteen months later, I also know that our mission is even more urgent because the challenges facing people across Indiana and the country are growing by the day.

"I’m not telling you anything you don’t know.

"You don’t have to turn on the news or follow the stock tickers or wait for all the economists and politicians to agree on what is or is not a recession to know that our economy is in serious trouble. You can feel it in your own lives. And I hear it everywhere I go. Like the young man I met in Pennsylvania who lost his job but can’t afford the gas to drive around and look for a new one. Or the woman from Anderson who just lost her job, and her pension, and her insurance when the Delphi plant closed down – even while the top executives walked away with multi-million-dollar bonuses. Or the families across this country who will sit around the kitchen table tonight and wonder whether next week’s paycheck will be enough to cover next month’s bills – who will look at their children without knowing if they’ll be able to give them the same chances that they had.

"But here’s what Washington and Wall Street don’t get:

"This economy doesn’t just jeopardize our financial well-being, it offends the most basic values that have made this country what it is: the idea that America is the place where you can make it if you try. That no matter how much money you start with or where you come from or who your parents are, opportunity is yours if you’re willing to reach for it and work for it. It’s the idea that while there are no guarantees in life, you should able to count on a job that pays the bills; health care for when you get sick; a pension for when you retire; an education for your children that will allow them to fulfill their God-given potential. That’s who we are as a country. That’s the America most of us here know. It’s the America our parents and our grandparents grew up knowing.

"This is the country that gave my grandfather a chance to go to college on the GI Bill when he came home from World War II; a country that gave him and my grandmother – a small-town couple from Kansas – the chance to buy their first home with a loan from the government.

"This is the country that made it possible for my mother – a single parent who had to go on food stamps at one point – to send my sister and me to the best schools in the country with the help of scholarships.

"This is the country that allowed my father-in-law – a city worker at a South Side water filtration plant – to provide for his wife and two children on a single salary. This is a man who was diagnosed at age thirty with multiple sclerosis – who relied on a walker to get himself to work. And yet, every day he went, and he labored, and he sent my wife and her brother to one of the best colleges in the nation.

"That job didn’t just give him a paycheck, it gave him dignity and self-worth. It was an America that didn’t just reward and honor wealth, but the work and the workers who helped create it.

"And we are here today looking for the answer to the same question:

"Where is that America today?

"How many veterans come home from this war without the care they need – how many wander the streets of the richest country on Earth without a roof over their heads? How many single parents can’t even afford to send their children to the doctor when they get sick, never mind to four years of college? How many workers have suffered the indignity of having to compete with their own children for a minimum wage job at McDonalds after they gave their lives to a company where the CEO just walked off with that multi-million dollar bonus?

"And most of all, how many years – how many decades – have we talked and talked and talked about these problems while Washington has done nothing, or tinkered, or made them worse.

"There is no doubt that many of these challenges have to do with fundamental shifts in our economy that began decades ago – changes that have torn down borders and barriers and allowed companies to send jobs wherever there’s a cheap source of labor. And today, with countries like China and India educating their children longer and better, and revolutions in communication and technology, they can send the jobs wherever there’s an internet connection.

"I saw the beginnings of these changes up close when I moved to the South Side of Chicago more than two decades ago to help neighborhoods that were devastated when the local steel plant closed. I saw the indignity of joblessness and the hopelessness of lost opportunity.

"But I also saw that we are not powerless in the face of these challenges. We don’t have to sit here and watch our leaders do nothing. I learned that we don’t have to consign our children to a future of diminished dreams – a future of fewer opportunities. And that’s why I’m running for President today. Politics didn’t lead me to working people – working people led me to politics.

"I’m running because we can’t afford to settle for a Washington where John McCain gets the chance to give us four more years of the same Bush policies that have failed us for the last eight. More tax breaks for CEOs who make more in a day than some workers make in a year. More tax breaks for the same corporations that ship our jobs overseas. More of the trickle-down, on-your-own philosophy that says there’s nothing government can do about the problems we face – so we might as well just hand out a few tax breaks and tell people to buy their own health care, their own education, their own roads, their own bridges. That hasn’t worked in the past, and it won’t work for our future.

"We can’t afford to settle for a Washington where our energy policy, and our health care policy, and our tax policy is sold to the highest-bidding lobbyist. We can’t keep taking thousands of dollars of their money year after year, election after election. Senator Clinton says they represent real Americans, but you and I know who they really represent – the oil companies and the drug companies and the insurance companies who keep us from bringing down the cost of our premiums and our prescriptions and investing in renewable fuels.

"We can’t afford to settle for a Washington where politicians only focus on how to win instead of why we should; where they check the polls before they check their gut; where they only tell us whatever we want to hear whenever we want to hear it. That kind of politics may get them where they need to go, but it doesn’t get America where we need to go. And it won’t change anything.

"Some of you might have seen that Senator Clinton’s spending a lot of money on a television ad that attacks me for not supporting her and John McCain’s idea of a gas tax holiday for the summer. Now, this is an idea that will save you – altogether – half a tank of gas. That’s thirty cents a day. For three months. That’s if the oil companies don’t simply jack up their price to fill the gap, as they’ve done when this was tried before. Does anyone here really trust the oil companies to give you the savings when they could just pocket the money themselves?

"It’s a shell game. Literally.

"In a moment of candor, her advisors actually admitted that it wouldn’t have much of an effect on gas prices. But, they said, it’s a great political issue for Senator Clinton. So this is not about getting you through the summer, it’s about getting elected.

"And this is what passes for leadership in Washington-- phony ideas, calculated to win elections instead of actually solving problems.

"Now Senator Clinton’s been using this issue to make the argument that I’m somehow “out of touch.” Well let me tell you – only in Washington can you get away with calling someone out of touch when you’re the one who thinks that thirty cents a day is enough to help people who are struggling in this economy. I’ll tell you what I think – I think the American people are smarter than Washington gives us credit for.

"I wish I could stand up here and tell you that we could fix our energy problems with a holiday. I wish I could tell you that we can take a time-out from trade and bring back the jobs that have gone overseas. I wish I could promise that on day one of my presidency, I could pass every plan and proposal I’ve outlined in this campaign.

"But my guess is that you’ve heard those promises before. You hear them every year, in every election. And afterwards, when everyone goes back to Washington, the game-playing, and the influence-peddling, and the petty bickering continues. Nothing gets done. And four years later, we’re right back here making the very same promises about the very same problems.

"Well this year you have a choice. If you want to take another chance on the same kind of politics we’ve come to know in Washington, there are other candidates to choose from.

"But I still believe we need to fundamentally change Washington if we want change in America. I still believe this election is bigger than me, or Senator Clinton, or Senator McCain. It’s bigger than Democrats versus Republicans.

"It’s about who we are as Americans. It’s about whether this country, at this moment, will continue to stand by while the wealthy few prosper at the expense of the hardworking many, or whether we’ll stand up and reclaim the American dream for every American. It’s about whether we’ll watch the Chinas and the Indias of the world move past us, or whether we’ll decide that in the 21st century, the home of innovation, and discovery, and progress will still be the United States of America.

"Reclaiming this dream will take more than one election. It will take more than one person or one party. It will take the effort and sacrifice of a nation united. And that’s the truth.

"We can provide relief that’s more than a holiday to families who are struggling in this economy. I’m the only candidate who’s proposed a genuine middle-class tax cut that’s paid for in part by closing corporate loopholes and shutting down tax havens. It would save nearly every working family $1,000, eliminate income taxes for seniors making under $50,000, and provide a mortgage tax credit to struggling homeowners that would cover ten percent of their mortgage interest payment every year.

"I also have a health care plan that would save the average family $2,500 on their premiums and provide the uninsured with the same kind of health care Members of Congress give themselves. That’s real relief, but we can only pay for this if we finally rollback the Bush tax cuts for the wealthiest 2% of Americans who don’t need them and weren’t even asking for them.

"We may not be able to bring back all the jobs that we’ve lost to trade, but we can create tomorrow’s jobs in this country. I happen to believe in free trade. But we do the cause of trade no favors when we pass agreements that are filled with perks for every special interest under the sun and absolutely no protections for American workers. There’s absolutely no reason we should be giving tax breaks to corporations who ship jobs overseas. When I’m President, I will eliminate those tax breaks and give them to companies who create good jobs right here in America.

"We can also create jobs if we finally get serious about rebuilding our crumbling and decaying national infrastructure. A few years ago, one out of three urban bridges were classified as structurally deficient, and we all saw the tragic results of what that could mean in Minnesota last year. It’s unacceptable. That’s why I’m proposing a National Infrastructure Reinvestment Bank that will invest $60 billion over ten years and generate nearly two million new jobs – many of them in the construction industry that’s been hard hit by this housing crisis. The repairs will be determined not by politics, but by what will maximize our safety. And we’ll fund this bank by ending this war in Iraq. It’s time to stop spending billions of dollars a week trying to put Iraq back together and start spending the money on putting America back together instead.

"And if want to take a permanent holiday from our oil addiction, we can finally get serious about energy independence and create five million new green jobs in the process – jobs that pay well and can’t be outsourced. We’ll do what I did when I went to Detroit and tell the automakers it’s time they raised fuel mileage standards in this country. We’ll make companies pay for the pollution they release into the air, we’ll tax the record profits of the oil companies, and we’ll use that money to invest in clean, affordable, renewable energy like solar power, and wind power, and biofuels.

"I’ll be honest – this transition to a green economy won’t come without costs that all of us will have to pay, but it’s the only way we’ll free ourselves from the whims of Middle East dictator; the only way we’ll make sure we’re not talking about high gas prices five years from now and ten years from now; the only way we can pass on a planet that’s still recognizable to our children and their children.

"And if we want our children to succeed in this global economy – if we want them to be able to compete with children in Beijing and Bangalore – then we need to make sure that every child, everywhere gets a world-class education, from the day they’re born until the day they graduate college. That means investing in early childhood education. It means that we need to recruit an army of new teachers by not just talking about how great teachers are, but rewarding them for their greatness with better pay and more support. And it means that in this country – in this global economy – we will not create a small class of the educated few by allowing thousands and thousands of young people to be priced out of college year after year. We are better than that. When I’m President, we’ll create a bargain with every American who wants to go to college: we will pay for your tuition if you serve your country in some way for two years after you graduate.

"Real relief for middle-class families, seniors, and homeowners. Lower premiums for those who have health care and coverage for everyone who wants it. Five million green jobs right here in America. A world-class education that will allow every American to reach their God-given potential and compete with any worker in the world.

"All of this is possible, but it’s just a list of policies until you decide that it’s time to make the Washington we have look like the America we know – one where the future is not determined by those with money and influence; where common sense and honesty are cherished values; where we are stronger than that which divides us because we realize that in the end, we rise or fall as one nation – as one people.

"It was forty years ago this May that Robert Kennedy took his unlikely campaign to create a new kind of politics to Indiana. And as he campaigned in Fort Wayne, he laid out a vision that America we know. He said, “Income and education and homes do not make a nation. Nor do land and borders. Shared ideals and principles, joined purposes and hopes – these make a nation. And that is our great task.”

"It is still our task today.

"We’ve always known this wouldn’t be easy. The change we’re looking for never is. Generations before us have fought wars and revolutions; they’ve struggled and they’ve sacrificed; they’ve stood up and spoke out and marched through the streets for the opportunities that we enjoy.

"And that’s why the only way a black guy named Barack Obama who was born in Hawaii, and started his career on the streets of Chicago, can win this race – if you decide that you’ve had enough of the way things are; if you decide that this election is bigger than flag pins and sniper fire and the comments of a former pastor – bigger than the differences between what we look like or where we come from or what party we belong to.

"And if you do – if you decide that this moment is about what kind of country we’ll be in the next year and the next century; about how we’ll provide jobs to the jobless and opportunity to those without it; about health care and good schools and a green planet; about giving our children a better world and a brighter future – then I ask you to enlist your neighbors, and knock on doors, and work your heart out from now until Tuesday. In the face of all cynicism, and doubt, and fear, I ask you to remember what makes a nation – and to believe that we can once again make this nation the land of limitless possibility and unyielding hope – the place where you can still make it if you try. Thank you, and may God Bless the United States of America."
*******
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Hillary Clinton's Plan for the Economy Isn't for Us; It's For the Superdelegates

(Update, April 3: More economic plans, no new news.)

SOME POLITICAL CANDIDATES come up with new ideas and new initiatives because they really want to help people. Yes, we've all become cynical -- but there are still some of that good kind.

Then there's the more pedestrian, and plentiful, kind of candidate, the one who will say things and present new initiatives not so much to help people (though that's a nice side effect), but to make him- or herself look good -- to give the impression that they're problem-solving go-getters instead of poll-tracking, focus-group-reading, self-seeking hacks.

Hillary Clinton claims Barack Obama is the second kind: all words, no substance. She's not just wrong; she even knows she's wrong, and is making those accusations just to win, but a lot of people still don't see it. I've been paying a lot of attention to this specific issue -- substance vs. posing -- even, unlike more casual bloggers, listening in and sometimes asking questions during both candidates' regular press conference conference calls and reading all their campaign press releases. I even initially had some reservations about Obama (feel free to search this blog for my older posts about Obama), but the more I see of him, the more I see that he is the real thing. And "the real thing," in politics, is so rare that sometimes we can't even remember what it looks like. And as the campaign drags on, I also see more and more proof that Clinton is the second kind of politician: one who only does things if they'll help her, who wants to win more than she wants to do good. But, as I said, that's hard to show.

But sometimes we get lucky:

Today both candidates are giving major economic addresses. But last Thursday, in an effort to counter Obama's excellent speech that morning about how the Iraq War is dragging down the economy, her campaign emailed me (and 8,600 or so other media outlets) a preview that demonstrates how Hillary Clinton really looks at things -- and how little she actually cares about the real people trapped by the foreclosure crisis.

The Clinton press release is titled, "Must Read: Business Week: Hillary Targets the Credit Crisis. She's stepping up with measures aimed at voters' pocketbook woes." And at first I thought, wow, that's pretty powerful! A major business magazine sees her as the candidate who's taking the lead to really help people facing hard times in a tough economy! But then I actually read it.

Clinton's press release consisted entirely of excerpts from an article in Business Week. Not the whole article, understand -- just the parts that the Clinton campaign thought it was must important for reporters to read -- the "must read" parts, in Clinton's terms. And I was brought back to the sad reality that all Clinton really cares about is the election.

Boiling it down, here are the two things the Clinton campaign people really, really wanted journalists to take note of (bold emphases are mine):

1. Clinton Is Only Helping Citizens In Order To Win Votes -- Of Superdelegates:

"Clinton plans to discuss the details of her stimulus plan in a speech on the economy set for Mar. 24. Further initiatives are likely in coming weeks. The idea, of course, is to show voters exactly what Clinton would do to head off the crisis if she were in the White House. ...

"With Clinton's emphasis on pragmatic plans and pocketbook issues, analysts say she could get a bump up if she can convince voters she's better prepared to handle the economy's deepening problems. With the next big primary set for Apr. 22 in Pennsylvania, 'she's got five weeks to show she can really dominate this issue,' says Daniel Clifton, a political analyst at investment firm Strategas Research Partners. 'This could be a huge opportunity for her to rack up big margins.'...

"The fight over Pennsylvania, which has a struggling industrial base, a large population of blue-collar workers, and rising foreclosures, will be critical. Even if Clinton tallies big victories in Pennsylvania or other remaining states, she will probably not emerge with a delegate lead. Yet by nurturing the perception that she's the one to save voters' jobs and homes, she could sway the critical superdelegates to her side. 'Her only case is: I've got the lunch-bucket votes, and we can't win in November without them,' says pollster John Zogby."

2. She's Not Doing Anything For the Economy That Obama's Not Doing, Too: As if to underscore the fact that Clinton's initiatives are just for show, the excerpts that Clinton chose to distribute make clear that there's no substantive difference between the candidates, who both are carefully watching the "Main Street" economy and supporting legislation to help unemployed people, homeowners, and local communities:

"Obama's advisers say that he, too, is studying further plans to address the economy's problems, including measures to extend unemployment benefits and aid communities that have suffered a loss of tax revenues through foreclosures. Like Clinton, he backs congressional plans to refinance homeowners who need cheaper mortgages. 'If conditions remain bad or worse, those are the things we'll push,' says Heather Higginbottom, Obama's policy director."

There's an important nuance here. The Clinton folks didn't write the Business Week article. But they did choose which parts of it they wanted to emphasize -- and they intentionally chose the parts that showed Clinton as a shrewd political operator (that unelected Superdelegates hopefully will think is a good match for John McCain), ignoring the parts that might have showed her as being a true stateswoman working for the common good.

Why would they choose to emphasize the "she's a manipulative politician playing the angles" parts? Because that's actually what her campaign wants the press to hint at -- that she's trickier than Obama. Why? So that despite the mathematical reality that it's statistically impossible for her to catch up with Obama in the popular vote, and despite the polls that confirm more Democrats want Obama to be the nominee than Clinton (polls she's working hard to change by slamming Obama at every opportunity), she can still snag the nomination in August by getting the Supers to ignore the voters and select her -- just like the Supreme Court ignored the will of the voters and selected Bush President in 2000.

I dislike the fact that Hillary Clinton is a manipulative, win-at-any-cost, last-generation, faux-progressive, pro-corporate pol whose chief campaign strategist is a pollster and who is jeopardizing the whole Democratic Party's chances of winning the White House by taking her husband's advice last December to "attack" Obama -- even if doing so means making false allegations; even if doing so means McCain will win in November.

But even more than that, I dislike the fact that she's not only not trying to hide her true nature, she's actually subtly bragging about it in order to win the over a small but critical subset of Superdelegates -- those who aren't just party activists, but party insiders who are so circumscribed by their Inside-the-Beltway worldview and so beholden to the Clinton machine's favors that they would actually ignore the popular will and broker the convention instead.

The first fact merely shows what she is; the second fact shows that she doesn't even have the decency to show some shame about it.
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Edwards: Economy and War Aren't Separable

This is good news for Obama, both because it may suggest an Edwards endorsement is coming soon, and because it tosses a great new meme into the Obama/Clinton fight, especially in Ohio (update: now Pennsylvania). Here's why: Obama has opposed the Iraq War from the start; Clinton voted for it and has never reneged. (She didn't even start talking about withdrawing troops until halfway into the primaries, when she realized how important it was to Democratic voters.) So Obama is winning the votes of folks who consider the war their most important issue. (And, incidentally, his position on the war is why he's more likely to win against McCain in November -- 2/3 of Americans now are against the war, and even when he's trying to sound more dovish, McCain still admits seeing American troops in Iraq "for decades.")

Meanwhile, though, the economy is starting to tank, and Hillary has been pretending that she somehow played a role in the good economy of the Bill Clinton presidency -- which isn't true, but hey. The economy is an especially important issue in the two states critical to Clinton's chances, Ohio Pennsylvania (with an uncertain industrial base) and Texas (with one of the highest home foreclosure rates in the nation). So Clinton's been winning (barely) the votes of people who think the economy's the most important issue, and has been banking on that to help her win Texas and Ohio.

Now Edwards comes along and points out the obvious fact that a war that's cost $3 trillion (all funded by debt) is having a tremendously deleterious effect on the economy and is hampering our ability to buffer any recession. (If we don't have the money to give lower- and middle-class tax breaks, start new government projects that create jobs, etc., because we've blown it all in Iraq, we're in trouble.)

And if people in Ohio and Texas Pennsylvania catch on to this truth, Hillary is toast -- and it will be her own hubris and lack of integrity, for supporting the war solely in the triangulationist belief that doing so would help her win the Presidency in the general election, that will have done her in. Classic Shakespearian tragedy, when the powerful fall due to their own fatal flaw. Good for Edwards for making himself meaningful again.
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