Obama: Progress We’ve Made Should Give Us Confidence

October 9, 2012 - 10:55 AM

Obama 2012

President Barack Obama speaks during a campaign event on Monday, Oct. 8, 2012, in San Francisco. (AP Photo/Noah Berger)

(CNSNews.com) – President Barack Obama told donors in San Francisco Monday that they should be proud of the progress made in the last four years, having referred to the unemployment rate dropping to the same point it was when he took office in January 2009.

“We’ve got to look back at the progress we’ve made, and that should give us confidence,” Obama told the audience at the Bill Graham Auditorium in San Francisco. “But we have to understand we’ve got a lot more to do, and if we don’t do it, then change won’t happen.”

Obama talked about several aspects he considered progress, including the passage of Obamacare, lifting the ban on gays in the military and executive action by the Department of Homeland Security to prohibit the deportation of certain illegal aliens. He also talked about the recent unemployment numbers.

“This past Friday, we found out that the unemployment rate had fallen from a height of 10 percent down to 7.8, the lowest level since I took office,” Obama said. “Manufacturers are coming back to America. Home values are on the rise.”