President Obama's speech starts at about 22:50.
He spoke at an Amazon distribution center in Chattanooga, Tennessee on his "grand bargain" proposal. Despite the GOP's pre-emptive rejection of his ideas, he's trying to break the gridlock over the deficit by cutting corporate tax rates in exchange for job investment to help the middle class.
He suggested boosting natural gas production (as well as solar and wind energy) as long as we "protect our air and our water." Elaborate, please, Mr. President, because fracking is already hurting our air and our water.
And then he came to my favorite part:
I am laying out my ideas to give the middle class a better shot in a 21st-century economy. Now it’s time for Republicans to lay out theirs. If they’ve got a better plan to bring back more manufacturing jobs, or create jobs rebuilding our infrastructure for the long run, or help workers earn the high-tech skills our businesses demand, let’s hear ‘em. But gutting protections for our air and water isn’t a jobs plan. Gutting investments in things like education and energy isn’t a jobs plan. Putting all your eggs in the basket of an oil pipeline that may only create about 50 permanent jobs, and wasting the country’s time by taking something like 40 meaningless votes to repeal Obamacare isn’t a jobs plan.
Waitwhat? Did he just imply that he may very well reject the Keystone XL tar sands Pipeline disaster-in-waiting project? Oh pleaseohplease make it so.
And the mockitude of the GOP was entertaining, too.
We’ve seen a faction of Republicans in Congress hurt a fragile recovery by suggesting they wouldn’t pay the very bills Congress rang up, and threaten to shut down the people’s government if they can’t shut down Obamacare. Then, rather reduce our deficits with a scalpel in a way that promotes growth – by cutting programs we don’t need, fixing ones we do, and making government more efficient – this same group has left in place a meat cleaver called “the sequester” that harms growth, hurts our military, and guts the investments in education, science, and medical research we need to make this country a magnet for good jobs.
So here’s the bottom line: I’m willing to work with Republicans on reforming our corporate tax code, as long as we use the money from transitioning to a simpler tax system for a significant investment in creating middle-class jobs. That’s the deal. [...]
[From the delivered speech, off script:] I get it, I'm not popular in Tennessee. But I've run my last campaign, so I don't need to spin. The truth is... [and then he went back on script]...
The very last part of the speech got a lot of cheers. Check it out.