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ighting on behalf of not those who are powerful, but on behalf of those who need help the , let me tell you, when we first took office, amidst the worst economy since the Great Depression, we needed Harry’s fighting spiritbecause we had lost nearly three million jobs during the last six months of month I was sworn in, January 2009, we lost 750,000 jobs in that month following month we lost 600,000 these were all the consequence of a decade of misguided economic policiesa decade of stagnant wages, a decade of declining ines, a decade of spiraling our first mission was to break the momentum of the deepest and most vicious recession since the Great had to stop the freefall and get the economy and jobs growing digging out of this mess required us taking some tough decisions, and sometimes those decisions were not Harry knew they weren’t knew they weren’t they were the right thing to Harry was willing to lead those fights because he knew that we had to change course。that to do nothing, to simply continue with the policies that had gotten us into this mess in the first place would mean further to fail to act on some of the great challenges facing the country that we had been putting off for decades would mean a lesser future for our children and our , as a result of those tough steps that we took, we’re in a different place today than we were a year economy that was shrinking is now ’ve gained private sector jobs for each of the past six months instead of losing themalmost 600,000 new as Harry pointed out, that’s not don’t have to tell you unemployment rate is still unacceptably high, particularly in some states like a lot of you have felt that pain personally or you’ve got somebody in your family who’s felt the you found yourself underwater on your mortgage and faced the terrible prospect of losing your you’re out of work and worried about how you’re going to provide for your maybe you’re a student at UNLV and you’re wondering if you’re going to be able to find a job when you graduate, or if you’re going to be able to pay off your student loans, or if you’re going to be able to start your career off on the right , the simple truth is it took years to dig this hole。it’s going to take more time than any of us would like to climb out of the question is, number one, are we on the right track? And the answer is, number two, how do we accelerate the process? How do we get the recovery to pick up more steam? How do we fill this hole faster?There’s a big debate in Washington right now about the role that government should play in all I said in the campaignand as I’ve repeated many times as Presidentthe greatest generator of jobs in America is our private ’s not ’s our entrepreneurs and innovators who are willing to take a chance on a good ’s our businesses, large and small, who are making payroll and working with suppliers and distributing goods and services across the country and now across the private sector, not government, is, was, and always will be the source of America’s economic ’s our strength, the dynamism of our that’s why one of the first things Harry Reid did, one of the first things we did, was cut dozens of taxesnot raise them, cut themfor middle class and small business we extended loan programs to put capital in the hands of we worked to reduce the cost of health care for small right now, Harry is fighting to pass additional tax breaks and loan authority to help small businesses grow and hire all across the he has also tried to look out specifically for understands, for example, that tourism is so enormous an aspect of our economy, and so helped to move our trade promotion act that is going to be helping to do exactly what it sayspromote tourismand bring folks here to enjoy the incredible point is, our role in government, especially in difficult times like these, is to break down barriers that are standing in the way of innovation。to unleash the ingenuity that springs from our people。to give an impetus to businesses to grow and ’s not some abstract ’ve seen the ’ve seen what we can do to catalyze job growth in the private one of the places we’ve seen it most is in the clean energy sectoran industry that will not only produce jobs of the future but help free America from our dependence on foreign oil in the process, clean up our environment in the process, improve our national security in the let me give you an yesterday, I took a tour of Smith Electric Vehicles in Kansas City, Missouri, on the way is a pany that just hired its 50th worker, it’s on the way to hiring 50 more, and is aiming to produce 500 electric vehicles at that plant alone.(Applause.)And these are spiffylooking mean, they areand they’re used by Fortune 500 panies for distributionPepsiCo, ’re also used for the United States military –electric trucks with a lot ofthey’re very strong, great the reason for their success is their entrepreneurial it’s also partly because of a grant that we’re offering panies that manufacture electric vehicles and the batteries that power of these grants, we’re going to be going from only having 2 percent of the global capacity to make advanced batteries that go in trucks and cars, run on electricitywe’re going to go from 2 percent of advanced battery market share to 40 percent just in the next five yearsjust in the next five years.(Applause.)And that will create thousands of jobs across the countrythousands of jobs across the country, not just this year, not just next year, but for decades to it’s a powerful example of how we can generate jobs and promote robust economic growth here in Nevada and all across the country by incentivizing private sector ’s what we’re working to do with the clean energy manufacturing tax credits that we enacted last year, thanks to Harry’s to Harry’s leadership.(Applause.)Some people know these tax credits by the name 48c, which refers to their section in the tax here’s how these credits said to clean energ