Prepared Remarks of President Barack Obama
Weekly Address
Saturday, August 8th, 2009
On Friday, we received better news than we expected about the state of our economy. We learned that we lost 247,000 jobs in July – some 200,000 fewer jobs lost than in June, and far fewer than the nearly 700,000 a month we were losing at the beginning of the year. Of course, this is little comfort to anyone who saw their job disappear in July, and to the millions of Americans who are looking for work. And I will not rest until anyone who’s looking for work can find a job.
Still, this month’s jobs numbers are a sign that we’ve begun to put the brakes on this recession and that the worst may be behind us. But we must do more than rescue our economy from this immediate crisis; we must rebuild it stronger than before. We must lay a new foundation for future growth and prosperity, and a key pillar of a new foundation is health insurance reform – reform that we are now closer to achieving than ever before.
There are still details to be hammered out. There are still differences to be reconciled. But we are moving toward a broad consensus on reform. Four committees in Congress have produced legislation – an unprecedented level of agreement on a difficult and complex challenge. In addition to the ongoing work in Congress, providers have agreed to bring down costs. Drug companies have agreed to make prescription drugs more affordable for seniors. The AARP supports reform because of the better care it will offer seniors. And the American Nurses Association and the American Medical Association, which represent the millions of nurses and doctors who know our health care system best, support reform, as well.
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