Perlmutter Reacts to President Obama’s State of the Union Address

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Washington, DC, January 13, 2016 | comments

U.S. Rep. Ed Perlmutter (CO-07) released the following statement in reaction to President Obama's State of the Union address:

“Seven years ago, President Obama took office and was confronted with the worst economic crisis since the Great Depression. Our economy was falling off a cliff, businesses were rapidly shedding jobs, and the U.S. auto industry nearly flat lined. With a calm and steady hand President Obama led us back from the brink. Today, the national unemployment rate has fallen to 5 percent, the stock market has risen to over 16,000, the manufacturing sector has added 878,000 jobs, and more than 14.1 million new private sector jobs have been created. Housing prices have continued to rise over the past four years and have helped bring more than 7.2 million households back above water.

“I’m proud of the progress we’ve made under President Obama and particularly in Colorado. Our future is bright but I recognize there are still too many Coloradans struggling to pay for child care, finance college tuition, or save for retirement. My focus will continue to be on the hardworking families in the 7th Congressional District and across Colorado. This means continuing to invest in major Colorado priorities such as infrastructure, transportation, and education and creating jobs of the future in the renewable energy, high-tech manufacturing and aerospace sectors. I have supported President Obama’s efforts on behalf of working middle class families over these past seven years but there is more work to be done to increase stagnant wages and salaries, make home buying and college more affordable, and provide workers paid sick and family leave.

“Colorado is thriving because of its strong, diverse and innovative economy with new jobs in technology, aerospace, tourism and healthcare. As one of the top places for business and a top destination for millennials, Colorado’s economy is projected to continue growing throughout 2016 and beyond.

“As a country and as a state, we have come a long way over the past seven years and we must continue to build on this positive momentum. As President Obama outlined in his speech, the choices we make today will impact future generations. Through innovation, education, collaboration and bipartisanship, I am prepared to work with my colleagues on both sides of the aisle to create new jobs for the future, transform how we power our nation, and protect our homeland as we continue to work toward a better, brighter tomorrow.”

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