A thriving middle class has always been our nation’s engine of economic growth – and reigniting that engine is the defining challenge of our time.
President Obama’s plan builds on the progress achieved during his first term and strengthens the middle class by making America a magnet for jobs and manufacturing, providing every American with the skills they need to do those jobs, and making sure that those who work hard can earn a decent living. These investments in manufacturing, clean energy, infrastructure, and education will grow our economy from the middle class out and not the top down. Furthermore, when put together with the President’s balanced deficit reduction plan, none of these proposals will add a penny to our deficit.
President Obama’s plan strengthens the middle class and grows our economy, and it does so by:
Together, and thanks to the hard work of the American people, businesses have added over 6 million jobs over the last thirty five months, housing is on the road to recovery, and our stock market is up. Though we aren’t going to solve every challenge we face, there are some immediate steps we can take to create jobs, and where common ground exists, the American people expect Congress to take action and get the job done.
Making Our Nation a Magnet for Jobs
President Obama’s plan starts with attracting more jobs to America’s shores and making sure our country makes things the rest of the world buys. These initiatives in manufacturing, energy, infrastructure, and housing will help entrepreneurs and small business owners grow and create new jobs:
Providing Americans with the Skills they Need
We know that education and job training are vital to making the middle class stronger and ensuring our kids are ready to compete in the global economy. In order to grow the middle class, our citizens must be able to access the education and training that the jobs of today require.
Making Sure Hard Work Leads to a Decent Living
The economy is strongest when we are expanding opportunity and rewarding the hard work of every American. That is exactly why we must build new ladders of opportunity into the middle class for every individual willing to climb them.
Reducing the Deficit in a Balanced Fashion
On top of making investments that are paid for responsibly to grow the middle class, President Obama believes we need to reduce the deficit in a balanced fashion so we aren’t passing on crushing debt to future generations.
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