Remarks of President Barack Obama
As Prepared for Delivery
Saturday, July 31, 2010
Detroit, Michigan

Hello everyone.  I’m speaking to you from the GM auto¹ plant here in Detroit, Michigan, where a hopeful story is unfolding in a place that’s been one of the hardest hit in America.

In the twelve months before I took office, American auto companies lost hundreds of thousands of jobs.  Sales plunged² 40 percent.  Liquidation³（清算，偿还） was a very real possibility.  Years of papering over tough problems and failing to adapt to changing times – combined with a vicious（恶毒的，堕落的） economic crisis – brought an industry that’s been the symbol of our manufacturing might for a century to the brink⁴ of collapse⁵.

We didn’t have many good options.  On one hand, we could have continued the practice of handing out billions of taxpayer⁶ dollars to the auto industry with no real strings⁷ attached.  On the other hand, we could have walked away and allowed two major auto companies to go out of business – which could have wiped out one million American jobs.

I refused to let that happen.  So we came up with（提出，想出） a third way.  We said to the auto companies – if you’re willing to make the hard decisions necessary to adapt and compete in the 21st century, we’ll make a one-time investment in your future.

Of course, if some folks had their way, none of this would be happening at all.  This plant might not exist.  There were leaders of the “just say no” crowd in Washington who argued that standing⁸ by the auto industry would guarantee failure.  One called it “the worst investment you could possibly make.”  They said we should just walk away and let these jobs go.

Today, the men and women in this plant are proving these cynics（愤世嫉俗者） wrong.  Since GM and Chrysler emerged from bankruptcy⁹, our auto industry has added 55,000 jobs – the strongest period of job growth in more than ten years.  For the first time since 2004, all three American automakers are operating at a profit.  Sales have begun to rebound¹⁰.  And plants like this that wouldn’t have existed if all of us didn’t act are now operating maximum capacity.

What’s more, thanks to our investments, a lot of these auto companies are reinventing（重新使用，彻底改造） themselves to meet the demands of a new age.  At this plant, they’re hard at work building the high-quality, fuel-efficient cars of tomorrow – cars like the plug-in hybrid¹¹ Chevy Volt¹² that can run 40 miles before taking a sip¹³ of gasoline.  Throughout Michigan, an advanced battery industry is taking root that will power clean electric cars – an industry that produced only 2 percent of the world’s advanced batteries last year, but will now be able to produce as much as 40 percent in a little over five years.  That’s real progress.

There’s no doubt that we have a long way to go and a lot of work to do before folks here and across the country can feel whole again.  But what’s important is that we’re finally beginning to see some of the tough decisions we made pay off.  And if we had listened to the cynics and the naysayers（否定者，拒绝者） – if we had simply done what the politics of the moment required – none of this progress would have happened.

Still, even as these icons¹⁴ of American industry are being reborn, we also need to stand shoulder-to-shoulder with America’s small businessmen and women, as well -- particularly since they’re the ones who create most of the new jobs in this country.

As we work to rebuild our economy, I can’t imagine anything more common-sense than giving additional tax breaks and badly-needed lending assistance to America’s small business owners so they can grow and hire.  That’s what we’re trying to do with the Small Business Jobs Act – a bill that has been praised as being good for small businesses by groups like the Chamber¹⁵ of Commerce and the National Federation¹⁶ of Independent Business.  It’s a bill that includes provision after provision authored by both Democrats¹⁷ and Republicans.  But yesterday, the Republican leaders in the Senate once again used parliamentary procedures to block it. Understand, a majority of Senators support the plan. It’s just that the Republican leaders in the Senate won’t even allow it to come up for a vote.

That isn’t right. And I’m calling on the Republican leaders in the Senate to stop holding America’s small businesses hostage to politics, and allow an up-or-down vote on this small business jobs bill.

At a time when America is just starting to move forward again, we can’t afford the do-nothing policies and #p#分页标题#e#partisan（党派的） maneuvering¹⁸ that will only take us backward.  I won’t stand here and pretend everything’s wonderful.  I know that times are tough.  But what I also know is that we’ve made it through tough times before.  And we’ll make it through again.  The men and women hard at work in this plant make me absolutely confident of that.

So to all the naysayers out there, I say this:  Don’t ever bet against the American people.  Because we don’t take the easy way out.  That’s not how we deal with challenge.  That’s not how we build this country into the greatest economic power the world has ever known.  We did it by summoning（召唤，召集） the courage to persevere¹⁹, and adapt, and push this country forward, inch by inch.  That’s the spirit I see in this plant today, and as long as I have the privilege of being your President, I will keep fighting alongside you until we reach a better day.

Thanks.