Weekly Address 07-24-10

 Posted by at 09:29  economy, Politics
Jul 242010
 

“Moving Forward on the Economy vs. Moving Backward”

From the White House weblog:

Following the signing of historic Wall Street Reform legislation, the President lays out his plans to strengthen the middle class, give tax breaks to small businesses that create jobs here, invest in homegrown, clean energy, and cut taxes for working families. The President also contrasts that plan with the agenda outlined by the Republican House Leader that would return America to the policies that created this economic crisis, drastically increase the deficit, and make permanent massive tax breaks for the very wealthiest Americans.

“The truth is, it took nearly a decade of failed economic policies to create this mess, and it will take years to fully repair the damage. But I am confident that we are finally headed in the right direction. We are moving forward. And what we can’t afford right now is to go back to the same ideas that created this mess in the first place.”

Click below to listen to the audio only:

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The transcript of the president’s weekly address, as prepared for delivery, is available after the break.

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