Obama Michigan Graduation Speech


The democracy designed by Jefferson and the other founders was never intended to solve every problem with a new law or a new program. Having thrown off the tyranny of the British Empire, the first Americans were understandably skeptical of government. Ever since, we have held fast to the belief that government doesn't have all the answers, and we have cherished and fiercely defended our individual freedom. That is a strand of our nation's DNA.

But the other strand is the belief that there are some things we can only do together, as one nation - and that our government must keep pace with the times. When America expanded from a few colonies to an entire continent, and we needed a way to reach the Pacific, our government helped build the railroads. When we transitioned from an economy based on farms to one based in factories, and workers needed new skills and training, our nation set up a system of public high schools. When the markets crashed during the Depression and people lost their life savings, our government put in place a set of rules and safeguards to make sure that such a crisis never happened again. And because our markets and financial system have evolved since then, we're now putting in place new rules and safeguards to protect the American people.

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