![]() And we’ve done all this while lowering the federal deficit in the two years by $1.7 trillion. The unemployment rate is down from 6.4 when I was sworn in to 3.7 percent - near a 50-year low. Our economic policies have created a record 10 million new jobs since I came into office. It’s still a concern, but it no longer controls our lives. We looking - we’re taking on powerful interests to lower prescription drug costs and health insurance premiums and energy bills.Īfter 20 months of hard work, the pandemic no longer controls our lives. ![]() We’re also handling it better than most other advanced nations in the world. We’re dealing with global inflation as a result of the pandemic and Putin’s war in Ukraine. And you don’t need a college degree to get those jobs. It’s going to create tens of thousands of good-paying jobs.Īnd, by the way, a significant number of those jobs are going to be jobs that pay an average of $126-, $127,000. Historic investments that are leading companies to invest literally hundreds of billions of dollars combined to build semiconductor factories and other advanced manufacturing here in America. So, I’m optimistic about how the public is going to even be more embracive of what we’ve done. The interesting thing is that this is all going to really come into clear view for people in the months - in the months of January, February, March of next year. And we acted quickly and boldly to vaccinate the country and to create a stable and sustained growth in our economy long-term investment to rebuild America itself and our roads, our bridges, our ports, our airports, clean water systems, high-speed Internet.Īnd we’re just getting started. When I came to office, we inherited a nation with a pandemic raging and an economy that was reeling. I understand it’s been a really tough few years in this country for so many people. And when he’s President and they say, “Joe Biden is out in the outer office,” I don’t want him to say, “Joe who?” (Laughter.)īut the voters were also clear that they’re still frustrated. And I told him that he - I told him that I was the first elected - the second-youngest person ever elected to the United States Senate at 29 that I have no doubt he’s off to an incredible start in what, I’m sure, will be a long, distinguished career. Last night, I was pleased to call Maxwell Frost, the 25-year-old who got elected - I guess the youngest man ever elected to the United States Congress. They voted to continue addressing the climate crisis, gun violence, their personal rights and freedoms, and the student debt relief. And they sent a clear and unmistakable message that they want to preserve our democracy and protect the right to choose in this country.Īnd I especially want to thank the young people of this nation, who - I’m told I haven’t seen the numbers - voted in historic numbers again and - just as they did two years ago. There are still a lot of people hurting that are very concerned. And we had the best midterms for governors since 1986.Īnd another thing that we know is that voters spoke clearly about their concerns - about raising costs - the rising costs and the need to get inflation down. And we lost fewer seats in the House of Representatives than any Democratic President’s first midterm election in the last 40 years. While any seat lost is painful - some good Democrats didn’t win the - last night - Democrats had a strong night. And I know you were somewhat miffed by my - my obsessant optimism, but I felt good during the whole process. While the press and the pundits are predicting a giant red wave, it didn’t happen. While we don’t know all of the results yet - at least, I don’t know them all yet - here’s what we do know. And that’s a testament, I think, to the American people. And the heart and soul of our democracy - the voters, the poll workers, the election officials - they did their job and they fulfilled their duty, and apparently without much interference at all - without any interference, it looks like. The states across the country saw record voter turnout. But with their votes, the American people have spoken and proven once again that democracy is who we are. Our democracy has been tested in recent years. (Clears throat.) Excuse me, I’m a little hoarse. And I think it was a good day for America. (Laughter.) And it was a good day, I think, for democracy. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy. ![]() ![]()
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