From the prepared remarks:
The fact is that we’re not where we need to be -- not even close. The hole that we’re climbing out of is a deep one. People, I want you to understand the magnitude of what we’ve gone through. This is deeper than the last three recessions combined. Most of the jobs we lost took place before any of our economic policies had a chance to take effect. And on top of that, the middle class had been struggling for more than a decade and jobs had been getting shipped overseas and millions of families were still treading water. Millions are still barely able to make their bills or make the mortgage. I hear their stories every day. I read them in just heartbreaking letters that I receive each night.
So I understand that people are frustrated. I understand people are impatient with the pace of change. Of course they are. Look, I’m impatient, but I also know this: Now is not the time to lose heart. Now is not the time to give up. We do not quit. And we cannot forget that this nation has been through far worse and we have come out stronger from war to depression to the great struggle for equal rights and civil rights. We do not quit.
In every instance, progress took time. In every instance, progress took sacrifice. Progress took faith. You know, the slaves sitting around a fire singing freedom songs, they weren’t sure when slavery would end but they understood it was going to end. When women were out there marching for the right to vote, they weren’t sure when it was going to happen but they kept on going. When workers were organizing for the right to organize and were being intimidated, they weren’t sure when change was going to come but they knew it was going to come. And I am telling you, Wisconsin, we are bringing about change and progress is going to come -- but you’ve got to stick with me. You can’t lose heart.
Change is going to come. Change is going to come for this generation -- if we work for it, if we fight for it, if we believe in it. The biggest mistake we could make right now is to let disappointment or frustration lead to apathy and indifference. That is how the other side wins. And I want everybody to be clear, make no mistake: If the other side does win, they will spend the next two years fighting for the very same policies that led to this recession in the first place. The same policies that left the middle class behind for more than a decade. The same policies that we fought so hard for to change in 2008.