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【正文】 class, and keep the American Dream alive for all those men and women who have believed in this journey from the day it began. Thanks for listening.Weekly AddressSaturday, March 7, 2009Yesterday, we learned that the economy lost another 651,000 jobs in the month of February, which brings the total number of jobs lost in this recession to million. The unemployment rate has now surpassed 8 percent, the highest rate in a quarter century. These aren39。 and families can lower their energy bills by weatherizing their homes.Because of what we did, our children can now graduate from 21st century schools and millions more can do what was unaffordable just last week and get their college degree.Because of what we did, lives will be saved and health care costs will be cut with new puterized medical records. Because of what we did, there will now be police on the beat, firefighters on the job, and teachers preparing lesson plans who thought they would not be able to continue pursuing their critical missions. And ensure that all of this is done with an unprecedented level of transparency and accountability, I have assigned a team of managers to make sure that precious tax dollars are invested wisely and well.Because of what we did, 95 percent of all working families will get a tax cut in keeping with a promise I made on the campaign. And I39。s received over the last month, and it will receive more in the days to e. But we can39。s a story. Many Americans have seen their lives turned upside down. Families have been forced to make painful choices. Parents are struggling to pay the bills. Patients can39。s time to move in a new direction.Americans know that our economic recovery will take years not months. But they will have little patience if we allow politics to get in the way of action, and our economy continues to slide. That39。t rely on a losing formula that offers only tax cuts as the answer to all our problems while ignoring our fundamental economic challenges – the crushing cost of health care or the inadequate state of so many schools。ll release a budget that39。s why we39。 new tax credits that will make college more affordable for all who want to go。m grateful to Congress, governors and mayors across the country, and to all of you whose support made this critical step possible.Because of what we did together, there will now be shovels in the ground, cranes in the air, and workers rebuilding our crumbling roads and bridges, and repairing our faulty levees and dams.Because of what we did, panies large and small that produce renewable energy can now apply for loan guarantees and tax credits and find ways to grow, instead of laying people off。s election was all about. Legislation of such magnitude deserves the scrutiny that it39。d like to talk about some good news and some bad news as we confront our economic crisis.The bad news is well known to Americans across our country as we continue to struggle through unprecedented economic turmoil. Yesterday we learned that our economy shrank by nearly 4 percent from October through December. That decline was the largest in over a quarter century, and it underscores the seriousness of the economic crisis that my administration found when we took office.Already the slowdown has cost us tens of thousands of jobs in January alone. And the picture is likely to get worse before it gets better.Make no mistake, these are not just numbers. Behind every statistic there39。s why I am calling on the Senate to pass this plan, so that we can put people back to work and begin the long, hard work of lifting our economy out of this crisis. No one bill, no matter how prehensive, can cure what ails our economy. So just as we jumpstart job creation, we must also ensure that markets are stable, credit is flowing, and families can stay in their homes.Last year Congress passed a plan to rescue the financial system. While the package helped avoid a financial collapse, many are frustrated by the results and rightfully so. Too often taxpayer dollars have been spent without transparency or accountability. Banks have been extended a hand, but homeowners, students, and small businesses that need loans have been left to fend on their own.And adding to this outrage, we learned this week that even as they petitioned for taxpayer assistance, Wall Street firms shamefully paid out nearly $20 billion in bonuses for 2008. While I39。 our addiction to foreign oil or our crumbling roads, bridges, and levees.The American people know that our challenges are great. They don39。s sober in its assessments, honest in its accounting, and lays out in detail my strategy for investing in what we need, cutting what we don39。re moving forward with an economic agenda that will jumpstart job creation, restart lending, relieve responsible homeowners, and address the longterm economic challenges of our time: the cost of health care, our dependence on oil, and the state of our schools. To prevent foreclosures for as many as 4 million homeowners and lower interest rates and lift home values for millions more we are implementing a plan to allow lenders to work with borrowers to refinance or restructure their mortgages. On Wednesday, the Department of Treasury and Housing and Urban Development released the guidelines that lenders will use for lowering mortgage payments. This plan is now at work.To restore the availability of affordable loans for families and businesses not just banks we are taking steps to restart the flow of credit and stabilize the financial markets. On Thursday, the Treasury Department and the Federal Reserve launched the Consumer and Business Lending Initiative a plan that will generate up to a trillion dollars of new lending so that families can finance a car or college education and small businesses can raise the capital that will create jobs.And we39。 advanced biofuels, clean coal, and more fuelefficient American cars a
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