KENNEDY PUTS FORTH PLAN TO JUMPSTART AMERICAN COMPETITIVENESS Gives Major Address On Turning Era of Globalization into a New Era of Opportunity for America

Boston, MA—Today, Senator Edward M. Kennedy was at Northeastern University to deliver a major address on his plan to reinvest in America’s competitiveness and turn around damaging impact of the global economy. He was joined by President Richard Freeland, business leaders, students and educators to share his ideas of how to this country back on track. Kennedy argues that our nation is at a crossroads: we can continue to be buffeted by the harsh winds of the global economy or we can think anew, and guide the currents of globalization with a new progressive vision that strengthens America and equips our citizens to move competitively to the future. He believes that we cannot advance forward by continuing down the same path of the last five years that put special interests over America’s interests by cutting back on investments in education, invention, and innovation, as the Administration has done. He said, “The 20th century was widely hailed as the American century is up for grabs. No nation is guaranteed a future of lasting prosperity. We have to work for it. We have to sacrifice for it. We must open new doors and new avenues for all Americans to make the most of their God-given talents and rekindle the fires of innovation in society. By doing so, we can turn this era of globalization into a new era of opportunity for America.” Senator Kennedy proposed a plan to move the country forward and to restore America’s advantage in the workforce, education, health care and research and development. As he outlined it he said, “The essence of the American Dream is the ability to provide a better life for yourself and your family. At its very heart are a good job, first-class education, good health care, and a secure retirement. Some say the dream is out of reach in today’s global economy. But I’m here today to tell you it doesn’t have to be that way. We can revitalize the American Dream. “ Senator Kennedy’s bill, the Right TRACK Act (The Right Time to Reinvest in America’s Competitiveness) seeks to: 1) Create high quality jobs 2) Educate Americans to fill the jobs of the future 3) Preserve good jobs in the US 4) Level the Playing field for US workers and businesses abroad 5) Help those harmed by globalization, workers and communities 6) Modernize U.S. Labor and Employment Laws Senator Kennedy’s remarks at Northeastern University are attached, as well as a summary of the bill and fact sheets that illustrate the impact of globalization in both a national and Massachusetts.