Obama: After ObamaCare, Percentage of Blacks Uninsured Down 30% [Full Speech]

‘Everybody was predicting this was all going to be so expensive — we’ve saved $800 billion’

We’ve done some work on health care, too.  I don’t know if you’ve noticed.  Thanks to the Affordable Care Act, we’ve seen a 26 percent decline in the uninsured rate in America.  (Applause.)  African Americans have seen a 30 percent decline.  And, by the way, the cost of health care isn’t going up as fast anymore either.  Everybody was predicting this was all going to be so expensive.  We’ve saved $800 billion -- (applause) -- in Medicare because of the work that we’ve done -- slowing the cost, improving quality, and improving access.  Despite unyielding opposition, this change has happened just in the last couple years.

But we know our work is not yet done until we get into more communities, help more uninsured folks get covered, especially in those states where the governors aren’t being quite as cooperative as we’d like them to be.  (Applause.)  You know who you are.  It always puzzles me when you decide to take a stand to make sure poor folks in your state can’t get health insurance even though it doesn’t cost you a dime.  That doesn’t make much sense to me, but I won’t go on on that topic.  (Applause.)  We’ve got more work to do.

It’s easy to take a stand when you’ve got health insurance.  (Laughter and applause.)  I’m going off script now, but -- (laughter) -- that’s what happens at the CBC.

Our high school graduation rate is at a record high, the dropout rate is falling, more young people are earning college degrees than ever before.  Last year, the number of children living in poverty fell by 1.4 million -- the largest decline since 1966.  (Applause.)  Since I took office, the overall crime rate and the overall incarceration rate has gone down by about 10 percent.  That’s the first time they’ve declined at the same time in more than 40 years.  Fewer folks in jail.  Crime still going down.  (Applause.)

But our work is not done when too many children live in crumbling neighborhoods, cycling through substandard schools, traumatized by daily violence.  Our work is not done when working Americans of all races have seen their wages and incomes stagnate, even as corporate profits soar; when African-American unemployment is still twice as high as white unemployment; when income inequality, on the rise for decades, continues to hold back hardworking communities, especially communities of color.  We’ve got unfinished work.  And we know what to do.  That’s the worst part -- we know what to do.

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