Obama Dayton Education Speech Transcript (9-9-08)

Read the full transcript of Obama's speech on education given in Dayton, Ohio.

I believe the day of reckoning is here. (Cheers, applause.) Our -- our children and our country can't afford four more years of neglect and indifference. (Cheers, applause.) At this -- at this defining moment in our history, America faces few more urgent challenges than preparing our children to compete in a global economy. The decisions our leaders make about education in the coming years will shape our future for generations to come. They will help determine not only whether our children have the chance to fulfill their God-given potential or whether our workers have the chance to build a better life for their families, but whether we as a nation will remain in the 21st century the kind of global economic leader that we were in the 20th century.

And the rising importance of education reflects the new demands of our new world. In recent decades, revolutions in communications and information technology have broken down barriers that once kept countries and markets apart, creating a single, global economy that's more integrated and interconnected than ever before. In this economy, companies can plant their jobs wherever there's an Internet connection and someone willing to do the work, meaning that children here in Dayton are growing up competing with children not only in Detroit or Chicago or Los Angeles, but in Beijing and Delhi as well.

What matters, then, isn't what you do or where you live, but what you know. When two-thirds -- (applause) -- of all new jobs require a higher education or advanced training, knowledge is the most valuable skill you can sell. (Applause.) It's not only a pathway to opportunity, but it's a prerequisite for opportunity. Without a good preschool education, our children are less likely to keep up with their peers. Without a high school diploma -- (applause) -- without a high school diploma, you're likely to make about three times less than a college graduate. And without a college degree or industry certification, it's harder and harder to find a job that can help you support your family and keep up with rising costs.

It's not just that a world-class education is essential for workers to compete and win, it's that an educated workforce is essential for America to compete and win. (Applause.) Without a workforce trained in math, science and technology, and the other skills of the 21st century, our companies will innovate less, our economy will grow less, and our nation will be less competitive. If we want to outcompete the world tomorrow, we must out-educate the world today. (Cheers, applause.)

Let me -- let me be more specific. If we want to keep building the cars of the future here in America, then we can't afford to see the number of Ph.D.s in engineering climbing in China, South Korea and Japan even as it's dropped here in the United States. We can't afford a future where our high school students rank near the bottom in -- in math and science among industrialized countries, and our high school drop-out rate is one of the highest in the industrialized world.