Weekly Address: Building on America’s Economic Recovery

June 04, 2016

WASHINGTON, DC — In this week’s address, the President discussed his return to Elkhart, Indiana, the first town he visited as President and one that was among the hardest-hit by the worst economic crisis of our lifetimes. Seven years later, unemployment in Elkhart has fallen from a high of nearly 20 percent to around four percent; more families are back on sturdy ground; more are covered by health insurance; and more students are graduating from high school. Elkhart is symbolic of America’s recovery, and that progress is due to the sacrifices of hardworking Americans and a series of smart decisions the President made early in his presidency, such as rescuing the auto industry, helping families refinance their homes, and investing in job training, high-tech manufacturing, clean energy, and the infrastructure that creates good new jobs. The President emphasized that we must continue to come together around common economic goals and push back against policies that protect powerful interests instead of working Americans. That’s the choice America will make this year, and the President believes the future will be brighter if this country works together to build on the progress this country has made in the months and years ahead.