Obama: Poverty Rate Fell Last Year as Incomes Rose

The transcript highlights significant progress made over the past eight years, including economic growth, job creation, healthcare expansion, and foreign policy achievements. The unemployment rate decreased, job growth reached record levels, and healthcare coverage expanded significantly. Foreign policy successes include troop reductions, the elimination of Bin Laden, and diplomatic efforts with Iran and Cuba. Despite these achievements, challenges like poverty, homelessness, and gun violence remain. The speaker expresses pride in the progress and commits to continuing efforts to address these issues.

What was the unemployment rate when the speaker took office, and what did it decrease to?

• 9% to 4.8%

• 12% to 6%

• 8% to 5%

• 10% to 4.6%

How many Americans were uninsured when the speaker took office, and how many gained coverage?

• 30 million uninsured, 10 million gained coverage

• 50 million uninsured, 25 million gained coverage

• 44 million uninsured, 20 million gained coverage

• 40 million uninsured, 15 million gained coverage

What major economic reform was enacted to protect consumers and prevent financial crises?

• Dodd-Frank Act

• The New Deal

• The Affordable Care Act

• The Tax Cuts and Jobs Act

Which foreign policy achievement involved reducing troop numbers significantly?

• Signing the Paris Agreement

• Closing Guantanamo Bay

• Reducing troops from 180,000 to 15,000

• Ending the war in Iraq

What diplomatic effort was made to prevent Iran from obtaining nuclear weapons?

• Trade embargo

• Diplomatic negotiations

• Economic sanctions

• Military intervention