Here’s a pretty good indicator of how high of a priority the economy is (at least politically) to the administration right now.
Tonight’s speech about the end of the Iraq war turned into a speech about the economy, as the President used the issue of the deficit to segue from one topic to another.
Here’s the key part:
Unfortunately, over the last decade, we have not done what is necessary to shore up the foundation of our own prosperity. We have spent a trillion dollars at war, often financed by borrowing from overseas. This, in turn, has short-changed investments in our own people, and contributed to record deficits. For too long, we have put off tough decisions on everything from our manufacturing base to our energy policy to education reform. As a result, too many middle class families find themselves working harder for less, while our nation’s long-term competitiveness is put at risk.
And so at this moment, as we wind down the war in Iraq, we must tackle those challenges at home with as much energy, and grit, and sense of common purpose as our men and women in uniform who have served abroad. They have met every test that they faced. Now, it is our turn. Now, it is our responsibility to honour them by coming together, all of us, and working to secure the dream that so many generations have fought for — the dream that a better life awaits anyone who is willing to work for it and reach for it.
Our most urgent task is to restore our economy, and put the millions of Americans who have lost their jobs back to work. To strengthen our middle class, we must give all our children the education they deserve, and all our workers the skills that they need to compete in a global economy. We must jumpstart industries that create jobs, and end our dependence on foreign oil. We must unleash the innovation that allows new products to roll off our assembly lines, and nurture the ideas that spring from our entrepreneurs. This will be difficult. But in the days to come, it must be our central mission as a people, and my central responsibility as president.
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