President Obama Blames ATM’s And The Internet For Job Loses

From the White House; “President Obama in his remarks at Osawatomie High School in Osawatomie, Kansas said, this is not just another political debate. This is the defining issue of our time. This is a make-or-break moment for the middle class, and for all those who are fighting to get into the middle class. Because what’s at stake is whether this will be a country where working people can earn enough to raise a family, build a modest savings, own a home, secure their retirement.” President Obama explained during his speech that, “Layoffs too often became permanent, not part of the business cycle. And these changes didn’t just affect blue collar workers. If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the internet.” Here is his speech in it’s entirety.