Barack Obama Pt. 1

Aired:  10/27/10 Views: 1,020,816

Barack Obama believes a lot has been accomplished over the last 18 months in very difficult circumstances. (6:49)

( THEME SONG PLAYING )

( APPLAUSE )

>> Jon: HEY, LADIES AND

GENTLEMEMBER, WELCOME TO THE

DAILY SHOW.

MY NAME IS JON STEWART.

LADIES AND GENTLEMEN... PLEASE

JOIN ME IN WELCOMING THE

PRESIDENT OF THE UNITED STATES,

BARACK OBAMA.

( HAIL TO THE CHIEF PLAYING )

>> THANK YOU.

THANK YOU.

( CHEERS AND APPLAUSE ).

>> Jon: PLEASE HAVE A SEAT.

>> THANK YOU.

THANK YOU.

THANK YOU.

THANK YOU.

THANK YOU.

THANK YOU.

>> Jon: THAT'S ALL THE TIME WE

HAVE.

( LAUGHTER )

THANK YOU FOR JOINING US.

>> THIS IS A NICE SET.

>> Jon: THANK YOU VERY MUCH.

>> IT REMINDS ME OF THE

CONVENTION.

( LAUGHTER )

>> Jon: WE ACTUALLY BOUGHT IT.

IT WAS IN A WAREHOUSE, AND WE

BOUGHT IT.

WE HAD IT CHISELED.

LET ME GIVE YOU MUG FORCE ONE.

THIS IS YOURS.

THERE'S NO WATER IN IT.

LET ME GET SOME WATER FOR YOU.

I'LL GET THAT.

THANK YOU SO MUCH FOR COMING BY.

( LAUGHTER )

THERE YOU GO.

( CHEERS AND APPLAUSE )

DOES THAT HAPPEN TO YOU WHEREVER

YOU GO?

BECAUSE WHEN YOU GUY GOSS TO

WORK, DO PEOPLE... TYPICALLY

APPLAUD?

IT'S A NICE FEELING.

>> IT WAS A WONDERFUL WELCOME.

IT DOES NOT HAPPEN, FOR EXAMPLE,

WHEN I GO TO THE REPUBLICAN

CAUCUS MEETING.

>> Jon: SLIGHTLY DIFFERENT.

( LAUGHTER )

>> Jon: SO HERE YOU ARE.

>> HERE I AM.

>> Jon: YOU'RE TWO YEARS INTO

YOUR ADMINISTRATION.

AND THE QUESTION THAT ARISES IN

MY MIND: ARE WE THE PEOPLE WE

WERE WAITING FOR?

( LAUGHTER )

OR DOES IT... DOES IT TURN OUT

THOSE PEOPLE ARE STILL OUT THERE

AND WE DON'T HAVE THEIR NUMBER?

HOW ARE YOU FEELING ABOUT THAT?

>> WELL, YOU KNOW, I'M FEELING

GREAT ABOUT WHERE THE AMERICAN

PEOPLE ARE CONSIDERING WHAT

WE'VE GONE THROUGH.

I MEAN, WE'VE GONE THROUGH THE

TWO TOUGHEST YEARS OF ANY TIME

SINCE THE GREAT DEPRESSION, AND

IN LIGHT OF THAT, THE FACT THAT

PEOPLE HAVE BEEN RESILIENT, THAT

FOLKS ARE STILL OUT THERE

WORKING AND OPENING BUSINESSES

AND, YOU KNOW, WORKING IN THE

COMMUNITY, LOOKING AFTER THEIR

FAMILIES, TAKING CARE OF THEIR

RESPONSIBILITIES, THAT'S

ENCOURAGING.

SO THERE'S STILL A LOT OF GOOD

STUFF HAPPENING, BUT PEOPLE ARE

FRUSTRATED.

YOU KNOW, A LOT OF FOLKS ARE

HURTING OUT THERE STILL.

AND, YOU KNOW, IN THAT

ENVIRONMENT, I THINK THAT

THEY'RE HOPING THAT WE CAN DO A

LITTLE BIT BETTER HERE IN

WASHINGTON THAN WE'VE BEEN

DOING.

>> Jon: NOW, DO YOU FEEL THAT

AS WELL?

BECAUSE YOU'RE COMING FROM A

PLACE, YOU RAN ON VERY HIGH

RHETORIC, HOPE AND CHANGE, AND

THE DEMOCRATS THIS YEAR SEEM TO

BE RUNNING ON, PLEASE, BABY, ONE

MORE CHANCE.

( LAUGHTER )

NOW, HOW DID WE GO IN TWO YEARS

FROM HOPE AND CHANGE, WE ARE THE

PEOPLE WE'VE BEEN LOOKING FOR,

TO, YOU'RE NOT GOING TO GIVE

THEM THE KEYS, ARE YOU?

ARE YOU DISAPPOINTED IN HOW IT'S

GONE?

ARE YOU SURPRISED THAT OTHER

PEOPLE, EVEN YOUR BASE, CAN BE

DISAPPOINTED?

OR DO YOU REJECT THEIR

NARRATIVE?

>> YOU KNOW, LOOK, WHEN I WON

AND WE STARTED THE TRANSITION

AND WE LOOKED AT WHAT WAS

HAPPENING IN THE ECONOMY, A

WHOLE BUNCH OF MY POLITICAL

FOLKS CAME UP AND SAID, YOU KNOW

WHAT, ENJOY THIS NOW BECAUSE TWO

YEARS FROM NOW FOLKS ARE GOING

TO BE FRUSTRATED.

AND THIS IS, IN FACT, WHAT'S

HAPPENED.

WHEN YOU HAVE 9.6% UNEMPLOYMENT.

>> Jon: RIGHT.

>> WHEN FOLKS ARE SEEING THEIR

HOMES UNDERWATER, WHEN THE

ECONOMY IS GROWING BUT IS STILL

NOT GROWING AS FAST AS IT NEEDS

TO TO MAKE UP FOR THE EIGHT

MILLION JOBS THAT WERE LOST,

FOLKS ARE GOING TO BE

FRUSTRATED, AND THAT'S GOING TO

REFLECT ITSELF IN THE POLITICAL

ENVIRONMENT, BUT HAVING SAID

THAT, I LOOK OVER THE LAST 18

MONTHS, AND I SAY, WE PREVENTED

THE SECOND GREAT DEPRESSION.

WE'VE STABILIZED THE ECONOMY, AN

ECONOMY THAT WAS SHRINKING IS

NOW GROWING.

WE'VE GOT NINE MONTHS OF

CONSECUTIVE PRIVATE SECTOR JOB

GROWTH.

WE HAVE PASSED HISTORIC HEALTH

CARE REFORM, HISTORIC FINANCIAL

REGULATORY REFORM.

WE HAVE DONE THINGS THAT SOME

FOLKS DON'T EVEN KNOW ABOUT.

>> Jon: WHAT HAVE YOU DONE

THAT WE DON'T KNOW ABOUT?

( LAUGHTER )

ARE YOU PLANNING A SURPRISE

PARTY FOR US?

FILLED WITH JOBS AND HEALTH

CARE.

>> YOU KNOW, WHEN YOU LOOK AT

WHAT WE'VE DONE IN TERMS OF

MAKING SURE THAT... BEFORE WE

EVEN PASSED HEALTH CARE, FOUR

MILLION KIDS GOT HEALTH

INSURANCE THAT DIDN'T HAVE IT

BEFORE THROUGH THE CHILDREN'S

HEALTH INSURANCE PROGRAM.

( CHEERS AND APPLAUSE )

EXPANDED NATIONAL SERVICE MORE

THAN AT ANY TIME SINCE THE

BEGINNING OF THE PEACE CORPS.

MADE SURE THAT CREDIT CARD

COMPANIES COULDN'T JACK UP YOUR

RATES WITHOUT NOTICE.

OVER AND OVER AGAIN WE HAVE

MOVED FORWARD AN AGENDA THAT IS

MAKING A DIFFERENCE IN PEOPLE'S

LIVES EACH AND EVERY DAY.

NOW, IS IT ENOUGH?

NO.

AND SO I EXPECT AND I THINK MOST

DEMOCRATS OUT THERE EXPECT THAT

PEOPLE WANT TO SEE MORE

PROGRESS.

>>

>> Jon: RIGHT.

>> BUT CERTAINLY IN TERMS OF THE

FOLKS WHO VOTED FOR ME, MY

EXPECTATION AND HOPE IS THAT IF

YOU LOOK AT THE TRACK RECORD

THAT WE'VE ACCOMPLISHED IN VERY

DIFFICULT CIRCUMSTANCES OVER THE

LAST 18 MONTHS, WE HAVE DONE AN

AWFUL LOT THAT WE TALKED ABOUT

DURING THE CAMPAIGN, AND WE'RE

GOING TO DO MORE IN THE YEARS TO

COME.

JON JON THAT'S WHAT WE'RE GOING

TO DO.

WE'LL TAKE A COMMERCIAL BREAK.

WE'RE GOING TO COME BACK AND

TALK A LITTLE BIT ABOUT HOW THAT

PROGRESS IS, WHAT IT WAS, WHAT

THE PR

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