Madam President, Vice President Biden, members of Congress, distinguished guests and fellow citizens:
Our Constitution declares that sometimes the president wants to give information to Congress on the state of our union. For two hundred and twenty years, our leaders met this obligation. They have done in times of prosperity and tranquility. And they have done in the midst of war and depression, in a time of great conflict and great struggle.
It is tempting to look back at the moment and assume that our development is inevitable - that America was always destined to triumph. But when the Union was again the first Bull Run and the Allies landed at Omaha Beach, the victory was much in doubt. When the market crashed on Black Tuesday, and civil rights demonstrators were beaten on Bloody Sunday, the future was anything but safe. It was hours that tested our courage and the strength of our union. And despite all our divisions and disagreements, our doubts and our fears prevailed America because we have decided to move forward as one nation and one people.
I know the concerns that are there now. "But these matches is why he ran for president. For some, the change has not come soon enough.
Question: Why work rewarded on Wall Street and Main Street are not?
We can not afford petty now. We face great challenges, both sides should overcome differences, and even though we have different attitudes and values, we face the same problems.
One woman wrote: "We are excited, but promising. Struggling, but encouraged."
Because of this, I have never been more optimistic about the future of America tonight.
(The first applause during the speech)
9:15
"Despite our problems, our union is strong."
If something together both sides, was the bank bailout. "It was so popular as a root canal.
I told him I would do what was necessary. If allowed Crisis, unemployment may be higher, more homes lost.
But the markets have stabilized, "and we have recovered most of the money we spend on the banks. Most, but not all."
For the rest, he proposed a tax on the largest banks. Wall Street is not "acute". But they can afford to bail out taxpayers who rescued them in time of need.
The things done to the economy stabilized: Approved 25 different tax breaks. "Now, again, lowering taxes."
(Republicans CLAP)
"I thought I get some applause for that."
The result: Americans had more to spend, and we have not increased income tax to anyone.
Thus there are 2 million people who work, who would not.
(Harry Reid captured yawn)
Stimulus bill, also known as the Recovery Act, contributed to saving jobs. Economists say it has helped to save jobs and "avoid disaster."
After two years of recession, economic growth again. Pension funds and further behind, and some have begun to hire again.
But there are other stories: The people who post again, get no answer.
"Therefore the job to our No. 1 focus in 2010."
9:24
Start with small businesses, where most new jobs. Thanks to their determination, they have grown small businesses. I propose a new business tax relief for them to hire new workers or increase wages. Eliminate capital gains in new small businesses.
"We could put Americans to work today to build the infrastructure of tomorrow."
Putting more people in construction of clean energy.
Tax relief for people who create jobs here in the U.S.
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