Obama 'Change' Speech in Canton, Ohio - Mon. 10/27 (Full Text)

The question in this election is not "Are you better off than you were four years ago?" We know the answer to that. The real question is, "Will this country be better off four years from now?"

I know these are difficult times for America. But I also know that we have faced difficult times before. The American story has never been about things coming easy – it's been about rising to the moment when the moment was hard. It's about seeing the highest mountaintop from the deepest of valleys. It's about rejecting fear and division for unity of purpose. That's how we've overcome war and depression. That's how we've won great struggles for civil rights and women's rights and worker's rights. And that's how we'll emerge from this crisis stronger and more prosperous than we were before – as one nation; as one people.

Remember, we still have the most talented, most productive workers of any country on Earth. We're still home to innovation and technology, colleges and universities that are the envy of the world. Some of the biggest ideas in history have come from our small businesses and our research facilities. So there's no reason we can't make this century another American century. We just need a new direction. We need a new politics.

Now, I don't believe that government can or should try to solve all our problems. I know you don't either. But I do believe that government should do that which we cannot do for ourselves – protect us from harm and provide a decent education for our children; invest in new roads and new science and technology. It should reward drive and innovation and growth in the free market, but it should also make sure businesses live up to their responsibility to create American jobs, and look out for American workers, and play by the rules of the road. It should ensure a shot at success not only for those with money and power and influence, but for every single American who's willing to work. That's how we create not just more millionaires, but more middle-class families. That's how we make sure businesses have customers that can afford their products and services.

That's how we've always grown the American economy – from the bottom-up. John McCain calls this socialism. I call it opportunity, and there is nothing more American than that.

Understand, if we want get through this crisis, we need to get beyond the old ideological debates and divides between left and right. We don't need bigger government or smaller government. We need a better government – a more competent government – a government that upholds the values we hold in common as Americans.

We don't have to choose between allowing our financial system to collapse and spending billions of taxpayer dollars to bail out Wall Street banks. As President, I will ensure that the financial rescue plan helps stop foreclosures and protects your money instead of enriching CEOs. And I will put in place the common-sense regulations I've been calling for throughout this campaign so that Wall Street can never cause a crisis like this again. That's the change we need.

The choice in this election isn't between tax cuts and no tax cuts. It's about whether you believe we should only reward wealth, or whether we should also reward the work and workers who create it. I will give a tax break to 95% of Americans who work every day and get taxes taken out of their paychecks every week. I'll eliminate income taxes for seniors making under $50,000 and give homeowners and working parents more of a break. And I'll help pay for this by asking the folks who are making more than $250,000 a year to go back to the tax rate they were paying in the 1990s. No matter what Senator McCain may claim, here are the facts – if you make under $250,000, you will not see your taxes increase by a single dime – not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing. Because the last thing we should do in this economy is raise taxes on the middle-class.

When it comes to jobs, the choice in this election is not between putting up a wall around America or allowing every job to disappear overseas. The truth is, we won't be able to bring back every job that we've lost, but that doesn't mean we should follow John McCain's plan to keep giving tax breaks to corporations that send American jobs overseas. I will end those breaks as President, and I will give American businesses a $3,000 tax credit for every job they create right here in the United States of America. I'll eliminate capital gains taxes for small businesses and start-up companies that are the engine of job creation in this country. We'll create two million new jobs by rebuilding our crumbling roads, and bridges, and schools, and by laying broadband lines to reach every corner of the country. And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade – jobs that pay well and can't be outsourced; jobs building solar panels and wind turbines and a new electricity grid; jobs building the fuel-efficient cars of tomorrow, not in Japan or South Korea but here in the United States of America; jobs that will help us eliminate the oil we import from the Middle East in ten years and help save the planet in the bargain. That's how America can lead again.

When it comes to health care, we don't have to choose between a government-run health care system and the unaffordable one we have now. If you already have health insurance, the only thing that will change under my plan is that we will lower premiums. If you don't have health insurance, you'll be able to get the same kind of health insurance that Members of Congress get for themselves. We'll invest in preventative care and new technology to finally lower the cost of health care for families, businesses, and the entire economy. And as someone who watched his own mother spend the final months of her life arguing with insurance companies because they claimed her cancer was a pre-existing condition and didn't want to pay for treatment, I will stop insurance companies from discriminating against those who are sick and need care most.