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The White House
Office of the Press Secretary
For Immediate Release
May 28, 2011
Weekly Address: Resurgent American Auto
Manufacturers Signal an Economy on the
Rise
WASHINGTON In this weeks address, Vice President Biden highlighted the resurgence of
the American automobile industry. This week, Chrysler Corporation repaid its U.S. government
loans six years ahead of schedule, and GM announced its Detroit Hamtramck plant was taking onthree shifts for the first time in its 26-year history. In a visit to a Chrysler dealership inManchester, NH, the Vice President spoke with the hard-working Americans who have helped
rebuild one of Americas great manufacturers. And as Memorial Day approaches, the VicePresident encouraged all Americans to thank the servicemen and women of past and present who
have sacrificed so much for our country. During a time when many Americans are overseas, itsvital we let our troops and their families know how much they mean to us all.
Remarks of Vice President Joe Biden
Weekly Address
Saturday, May 28, 2011
Washington, DC
Hello, everyone. I hope youre having a safe and enjoyable Memorial Day Weekend. Ive got
some good news for us today. Not only is our economy overall growing, but one of theimportant sectors of our economy is on the rise again: the American automobile industry.
Just a few days ago, on Tuesday, Chrysler Corporation announced that they were repaying the
taxpayers for the loans we gave them when we came into office.
And this announcement came six years ahead of schedule and just two years after ChryslerCorporation emerged from bankruptcy. You know, and its a sign of whats happening
throughout the American automobile industry.
Its not just Chrysler. Also this week, GM announced that its Detroit Hamtramck factory will
run three shifts for the first time its 26-year history. You know, thats 2,500 more good, payingjobs.
In the words of Don LaForest, of the UAW and I want to quote him he said, Its mind-
boggling that we can go from near-extinction to full employment in two years.
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What you didnt get to hear in my rendition of his quote is the tone of his voice: It was full ofpride. Genuine pride. Because I can tell you he knows as my dad used to say - that a job is
about a lot more than a paycheck. Its about dignity. Its about respect.
And I heard the same pride, and the same feeling of dignity, when I called the Jefferson North
Chrysler plant in Detroit the day Chrysler paid back its debt. I talked to a UAW worker hername was Frances a line worker, who said her dad had worked on that line before, and that shehad been out of work for two-and-a-half years before she was hired a year ago back to the plant.
I got the same sense when I went to Bonneville and Son, a Chrysler dealership in Manchester,
New Hampshire a couple days ago. 85 employees came out, stood out there in the lot with me.85 people. All of whom knew and said, had Chrysler liquidated, had we not helped them, they
wouldnt have a job.
When President Obama and I came into office, we faced an auto industry on the brink of
extinction. Total collapse.
At the time, many people thought the President should just let GM and Chrysler go under. Theydidnt think the automobile industry was essential to Americas future.
The President disagreed and, in addition, he wasnt willing to walk away from the thousands of
hardworking UAW members who worked at GM and Chrysler and in many cases, not only alltheir lives, but as second and third generation employees. And he certainly wasnt going to
abandon an industry that had meant so much to our economy, and so much to so many for solong.
So, he said if GM and Chrysler, and their management, and all their shareholders were willing to
do the difficult work of making themselves more competitive, we would support giving themanother chance.
And because of what we did, the auto industry is rising again. Manufacturing is coming back.And our economy is recovering and its gaining traction.
But the thing is this: even for a lot of people with jobs, their wages arent keeping pace with
prices of everything from gas to groceries to health care and college tuition.
Thats why the President and I remain focused on, not just recovering from this recession. Were
focused on making sure that if you work hard, play by the rules, youll be able to get ahead, put
your kids through college, retire with dignity and security.
Before I sign off, I just want to mention once again Memorial Day and remember what this
holidays all about. You know we still have thousands of troops deployed in harms way. Indays past, on Memorial Day, we remembered heroes from former wars but I think its
absolutely essential that we all remember today that thousands of names have been added tothose memorials in the wars that are still continuing.
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Folks, all I ask you to do is, what my wife Jill and Michelle Obama ask, to reach out to thosefamilies who have someone deployed, in your community. Let them know you know. Let them
know you know the sacrifice theyre making. Engage in as my wife would say a single act ofkindness.
Maybe invite them to your barbecue this weekend. Mow their lawn. Offer to mow their lawnnext week. Make it known that you appreciate their sacrifice and youre willing to lend a hand.
As I said, thats what Jill and Michelle Obama are doing through their Joining Forces initiative.And thats what I hope all of us will do every day as long as we have a man or woman deployed
in harms way. Thank you for listening and enjoy the holiday.
[Presidential Weekly Address Assessment Phase A.a Start Of]
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The White House
Office of the Press Secretary
For Immediate Release
May 28, 2011
Weekly Address: Resurgent American Auto
Manufacturers Signal an Economy on the
Rise
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WASHINGTON In this weeks address, Vice President Biden highlighted the resurgence of
the American automobile industry.
This week, ChryslerCorporation repaid its U.S. government loans six years ahead of schedule,and GM announced its Detroit Hamtramck plant was taking on three shifts for the first time in its26-year history.
In a visit to a Chrysler dealership in Manchester, NH, the Vice President spoke with the hard-
working Americans who have helped rebuild one of Americas great manufacturers. And asMemorial Day approaches, the Vice President encouraged all Americans to thank the servicemen
and women ofpast and present who have sacrificed so much for ourcountry.
[ Old English wice < Germanic, "series, succession"]
[ Old English loht < Indo-European]
[14th century. Via French < Latin diligent-, presentparticiple of diligere "value highly, love" < legere"choose"]
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[12th century. Directly or via French < Latin visitare "goto see," < visare "to view" < vis- (see visible)]
[13th century. < Old French cuntre < assumed VulgarLatin (terra) contrata "(land) lying opposite" < Latincontra "against"]
[13th century. < French passer