Neil

President Obama’s weekly address: President blames declining economy on ‘bad decisions’

President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.

The nation’s economy shrank by 0.1 percent in the final months of 2012.  And unemployment ticked up from 7.8 percent in December to 7.9 percent in January.

President Obama blames the decline on “bad decisions in Washington” during in weekly address.

“We began this year with economists and business leaders say that we are poised to grow in 2013. But this week, we also received the first estimate of America’s economic growth over the last few months. And it reminded us that bad decisions in Washington can get in the way of our economic progress.

The President says, “2013 can be a year of solid growth, more jobs and higher wages”, but only if Washington gets out of the way.

 

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Neil Middleton <><
WYMT Mountain News
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