year we had to vote on $1100 billion in spending. 1100 billion, i think it's more thannest than thannest snoornld. instead of having a record breaking $1.4 trillion deficit as we did when bush left office in january of 2009, the deficit has been cut by more than 2/3rds. 6 years ago the world's financial system was on the verge of collapse, today that is certainly not the case. while we can be proud of what we have accomplished in the last six years nks a lot of very bad news kmour kited. zmornltds we do not talk about this issue but youth unemploimt and that mean earns less than he did 42 years ago after adjusting for inflation. the female worker makes $1,300 less than she did he in 2007. we continue to have the highest rate of childhood poverty of any major country on earth. in the midst of this tragic decline of america's middle class, there's another reality. i want to make this that is that the large hoorpgs wults the food today has any mr we are than any time since the great depression. today, incredibly, and witnessed an enormous transfer of wealth from the top 1% to the middle class taking