Obama: "The Record Shows We Were Right"

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President Obama addressed the House Democratic Issues Conference in Philadelphia on Thursday evening.

PRESIDENT OBAMA: What we know is middle-class economics works. That's been the history of this country. That's been the history of the last six years when we've implemented middle-class economics. And the other side was telling us this would be a disaster, and it would kill jobs and raise the deficit, health care costs would explode. And none of that happened. That's pretty rare where you have two visions, a vigorous debate, and then you test who’s right -- and the record shows that we were right and middle-class economics does work.

So the bottom line is this: We've got to make sure it continues to work. We should protect the progress we're making.

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