Rehoboth Beach Convention CenterRehoboth Beach, Delaware
10:48 A.M. EDTTHE PRESIDENT: Good morning, everyone. With today’s excellent jobs report and unemployment remaining at a near-historic low of 3.6 percent, I want to speak very briefly today about our economy and what we’re doing to lower the costs for American families.
I know that even with today’s good news, a lot of Americans remain anxious, and I understand the feeling. I grew up in a family about 100 miles from here that if — where if the price of gas went up, you felt it. It was a discussion at the kitchen table.
And there is no denying that high prices, particularly around gasoline and food, are a real problem for people
But there is every reason for the American people to feel confident that we’ll meet these challenges. Because of the enormous progress we’ve made on the economy, the Americans can tackle inflation from a position of strength. Still a problem, but we can tackle it from a position of strength.
That purpose that we’ve set out to accomplish and the progress we’ve made, I think, is critical.
At the time I took office, about 16 months ago, the economy had stalled and COVID was out of control.