The most important job of our Government in this new era is to empower the American people to succeed in the global economy. America has always been a land of opportunity, a land where, if you work hard, you can get ahead. We’ve become a great middle-class country; middle-class values sustain us. We must expand that middle class and shrink the underclass even as we do everything we can to support the millions of Americans who are already successful in the new economy.

America is once again the world’s strongest economic power: almost six million new jobs in the last two years, exports booming, inflation down, high-wage jobs are coming back. A record number of American entrepreneurs are living the American dream.

If we want it to stay that way, those who work and lift our nation must have more of its benefits.

Today, too many of those people are being left out. They’re working harder for less. They have less security, less income, less certainty that they can even afford a vacation, much less college for their kids or retirement for themselves.

We cannot let this continue. If we don’t act, our economy will probably keep doing what it’s been doing since about 1978, when the income growth began to go to those at the very top of our economic scale. And the people in the vast middle got very little growth and people who worked like crazy but were on the bottom then, fell even further and further behind in the years afterward, no matter how hard they worked.

We’ve got to have a Government that can be a real partner in making this new economy work for all of our people, a Government that helps each and every one of us to get an education and to have the opportunity to renew our skills.

Education

That’s why we worked so hard to increase educational opportunities in the last two years from Head Start to public schools to apprenticeships for young people who don’t go to college, to making college loans more available and more affordable.

That’s the first thing we have to do: We’ve got to do something to empower people to improve their skills.

Taxes