In his 2011 State of the Union Address, President Barack Obama said: "To attract new businesses to our shores, we need the fastest, most reliable ways to move people, goods, and information—from high-speed rail to high-speed Internet. Our infrastructure used to be the best, but our lead has slipped. The jobs created by the transcontinental railroad & the Interstate Highway System didn't just come from laying down track or pavement. They came from businesses that opened near a town's new train station or the new off-ramp.

We've begun rebuilding for the 21st century. And tonight, I'm proposing that we redouble those efforts. We'll put more Americans to work repairing crumbling roads and bridges. Within 25 years, our goal is to give 80% of Americans access to high-speed rail. Within the next five years, we'll make it possible for businesses to deploy the next generation of high-speed wireless coverage to 98% of all Americans. This isn't just about faster Internet or fewer dropped calls. It's about connecting every part of America to the digital age."

Is this excerpt from President Obama’s speech an example of argument or persuasion? Provide at least two reasons to support your answer. Answer in complete sentences.

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The Answer of the given question is Persuasion.

To explain the answer we need to understand the meaning of Argument and Persuasion. An argument is a set of statements made up, at minimum, of the following parts:

A Persuasion is an act or process of presenting arguments to move, motivate, or change the mind, attitude and thought process of the listener.

Therefore in the given question the two persuasive sentences are:

To persuade someone we need to provide element of importance, need and value. From the above parts of the speech we can say President Obama is not arguing but persuading the audience.

Learn More about Argument and Their Types: link

It is an example of persuasion.

Explanation:

Persuasion is the act of convincing or influencing others to change their beliefs, or to perform an action. To be effective at persuasion, the speaker cites tangible reasons (or benefits to be derived) that are good enough to convince his audience. An argument is a discussion that cites different point of views of a matter and presents logical reasons why the speaker's part should be followed. It has a tense tone. President Obama employed persuasion in the speech above. This can be seen in these lines;

1. "To attract new businesses to our shores, we need the fastest, most reliable ways to move people, goods, and information—from high-speed rail to high-speed Internet.": Here, he gives a reason for employing the fastest and most reliable network of people, goods and information. That reason is for them to attract new businesses.

2. "And tonight, I'm proposing that we redouble those efforts. We'll put more Americans to work repairing crumbling roads and bridges.": He makes a suggestion on ways to achieve their goals in a calm tone. He does not coerce or force the people to accept his views rather he appeals to them.

the declaration states, “we hold these truths to be self-evident, that all men are created equal, that they are endowed by their creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness….”