Obama Series

 

REMARKS BY OBAMA AT G20

Pittsburgh, Pennsylvania

25 Sep 2009

 

THE PRESIDENT: Good to see you, Jon.

 

Q Thank you, Mr. President. Let me ask you, while we were inside this very safe and secure and beautiful convention center, some 5,000 at least demonstrators were on the outside. Some caused some property damage; others just shouted their messages, much of which had to do that while you believe the G20 summit was a success and represents a positive sign, they see it as something devilish and destructive of the world economy, and particularly the economy of the poor. What's your response to those who are demonstrating and those who oppose this summit?

 

THE PRESIDENT: You know, I think that many of the protests are just directed generically at capitalism. And they object to the existing global financial system. They object to free markets. I fundamentally disagree with their view that the free market is the source of all ills. Our emphasis has to be on more balanced growth, and that includes making sure that growth is bottom up.