So I guess the main message I have for you is the problem is not you; the problem is the economy as a whole. You are going to be well equipped to succeed and compete in this global economy once it’s growing again. My job is to work with everybody I can — from the business community to Congress, to not-for-profits, you name it — to see if we can speed up this process of healing and this process of recovery.
And in the meantime, we will make sure that things like unemployment insurance that are there to help people during tough times like this are going to continue to be available. And if there are — since you’re in IT, if there are areas where you need to be sharpening your skills, as the young lady here mentioned, we are going to make sure that the resource is available for you to be able to go back to school and do that.
MR. WEINER: Thank you. That was our last question. We’re going to begin to wrap it up, and before I turn it over to you for some concluding remarks, I just wanted to say thank you, and let you know how much we appreciate the work that you’re doing. I know I speak for a lot of people when I say I can’t think of anything more important than creating economic opportunity when it comes to profoundly and sustain-ably improving the quality of an individual’s life, the lives of their family members, the lives of the people that they in turn can create jobs for.
And in hard-hit American cities and developing countries around the world, these folks are creating role models for the next generation of entrepreneurs and professionals that didn’t know it was possible.
So on behalf of myself, on behalf of our visionary founder, Reid Hoffman, without whom none of this would have been possible, on behalf of our employees, of course our members, on behalf of our country, thank you, Mr. President.
THE PRESIDENT: Well, thank you so much. (Applause.) Thank you. Well, let me just say these have been terrific questions and I so appreciate all of you taking the time to do this. I appreciate LinkedIn helping to host this. And for those of you who are viewing, not in this circle but around the country, maybe around the world, I appreciate the chance to share these ideas with you.
Look, we’re going through a very tough time. But the one thing I want to remind everybody is that we’ve gone through tougher times before. And the trajectory, the trend of not just this country but also the world economy is one that’s more open, one that’s more linked, one that offers greater opportunity, but also one that has some hazards. If we don’t prepare our people with the skills that they need to compete, we’re going to have problems. If we don’t make sure that we continue to have the best infrastructure in the world, we’re going to have problems. If we’re not continuing to invest in basic research, we’re going to have challenges. If we don’t get our fiscal house in order in a way that is fair and equitable so that everybody feels like they have responsibilities to not only themselves and their family but also the country that’s given them so much opportunity, we’re going to have problems.
And so I am extraordinarily confident about America’s long-term future. But we are going to have to make some decisions about how we move forward. And what’s striking to me is, when we’re out of Washington and I’m just talking to ordinary folks, I don’t care whether they’re Republicans or Democrats, people are just looking for common sense. The majority of people agree with the prescriptions I just offered. The majority of people by a wide margin think we should be rebuilding our infrastructure. The majority of folks by a wide margin think that we should be investing in education. The majority of people by a wide margin think we should be investing in science and technology. And the majority of people think by a wide margin that we should be maintaining programs like Social Security and Medicare to provide a basic safety net.
The majority of people by a significant margin think that the way we should close our deficit is a balance of cutting out those things that we don’t need, but also making sure that we’ve got a tax code that’s fair and everybody is paying their fair share.
So the problem is not outside of Washington. The problem is, is that things have gotten so ideologically driven and everybody is so focused on the next election and putting party ahead of country that we’re not able to solve our problems. And that’s got to change. And that’s why your voices are going to be so important.
The reason I do these kinds of events is I want you to hear from me directly. I want to hear from you directly, but I also want your voices heard in the halls of Congress. I need everybody here to be speaking out on behalf of the things that you care about, and the values that made this country great, and to say to folks who you’ve elected — say to them, we expect you to act responsibly, and not act in terms of short-term political interest. Act in terms of what’s going to be good for all of us over the long term.
If that spirit, which all of you represent, starts asserting itself all across the country, then I’m absolutely confident the 21st century is going to be the American century just like the 20th century way.
So thank you very much everybody. God bless you.
MR. WEINER: Thank you, everybody.
THE PRESIDENT: Thank you. (Applause.)
END 11:58 A.M. PDT