Employers who recognize the importance of investing in their workforce have a more productive workforce, a more efficient workforce, a more loyal workforce, less turnover, and, in the private sector, more profitable.
We need to be investing in manufacturing and small businesses. We need to be creating a workforce where Americans can compete in a global marketplace because they have the necessary skills. And we need fairness, and we need a sustainable, strong economy that's durable for the future.
As our economy faces up to potential labour shortages due to our ageing population and as it moves to a new level of sophistication to compete with the rest of the world, we're going to need every Australian on board pulling their weight, rejoining the workforce, gaining new skills. Writing off individuals and communities suffering from poverty just creates a dead weight for our economy to drag along.
I think that the female workforce is so valuable. And if we're going to champion women in the workforce, which our economy seems to want to do, we have to deal with the realities, which is that they have children, and they need a way to take care of their children in a supportive work environment.
If we want to make the most of half of our workforce, if we want to eliminate the gender pay gap and we want that same half of the workforce to succeed in jobs that boost our economy, we must make sure that teenage girls don't feel, and are certainly not told, that certain subjects are the preserve of men.
We need to enact comprehensive immigration reform, to bring people out of the shadows and empower them to more fully and freely participate in their communities and the economy. And we need to invest in our nation's deteriorating infrastructure - investments that would create jobs and benefit all sectors of the economy.
There is a section of our population in South Africa that you can't expect to get integrated in the economy of its own. These are people without skills and that will include young people who might very well have matric certificates, but don't have the skills to be absorbed in the economy. So we need to target people like those in a special way, in a focused way so that they have the skills and the capacity to participate in the economy. That requires special programmes.
Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.
To be productive and focused, the rugged individuals in our economy need health security so that our country can remain competitive and agile in the changing economy.
We need to invest in our people and a livable planet if we want to build an economy that works for everyone.
A more productive economy in the long term will bring us higher tax revenues, but that requires long-term investment in infrastructure and the skills necessary to grow a balanced economy.
What I believe is the more we can do for the middle class, the more we can invest in you, your education, your skills, your future, the better we will be off and the better we'll grow. That's the kind of economy I want us to see again.
What we need to do together is to put in place the kind of - foster the kind of environment where businesses of all sizes - small, medium or large - want to invest, want to do the innovative things that our businesses here in America are known for doing, want to grow our economy and want to create the kind of jobs that will bring - reduce that unemployment rate.
I have said repeatedly I do want to take longer to eliminate the deficit than the other parties. Because I want to see us have the ability to invest more in our economy, in our public services, and in lifting people out of poverty.
We need to invest in a way that makes sure we've got the workforce we need in the future.
We're the only developed country in the world that doesn't have paid maternity leave. Paternity leave is just as important. Paid family medical leave so that you can take care of a parent, a child, a grandparent, whatever you need to do. I think we're shortsighted when we don't invest in our employees as companies, and as an economy, because we invest in them and they invest back in us.