Ky. to receive $6 million from online gambling case
Posted: 11:53 PM - Gov. Steve Beshear says Kentucky will receive a settlement of more than $6 million from a case involving online gambling.
President Barack Obama says the key word on the economy is patience.
In his weekly radio and Internet address, Obama says the recession didn't happen overnight and won't end that way either.
President Obama says training workers for manufacturing jobs despite declines in that sector will help put the economy on a path toward growth.
Recent polling shows broad disapproval with Obama's handling of the economy, which is becoming the central issue in next year's presidential election. Such disapproval hit a record 59 percent in a recent Washington Post-ABC News poll.
Obama said other steps, such as providing students with a quality education and investing in new jobs in the clean energy sector, will also help the economy grow.
(AP) - President Barack Obama says people need to be patient about the economic recovery and that training workers for manufacturing jobs will help with the turnaround.
The recession didn't happen overnight and won't end that way, either, the president said Saturday in his weekly radio and online address.
"It's going to take time," Obama said.
Recent polling found broad disapproval with Obama's handling of the economy as the 2012 presidential election takes shape. It reached 59 percent in a Washington Post-ABC News poll.
Job growth slowed sharply in May and unemployment inched up to 9.1 percent. Economic indicators also showed that manufacturers cut 5,000 jobs last month. Those were the first job losses in that sector in seven months.
No president since World War II has won a second term with a jobless rate above 7.2 percent, and Obama's options for achieving faster economic growth before the November 2012 election appear limited.
Obama scheduled a visit to Durham, N.C., on Monday for a session with his jobs council on how Washington can encourage private-sector hiring. Council members and administration officials also planned to hear from businesses in the region.
Last Wednesday, Obama announced an effort by the private sector, colleges and the National Association of Manufacturers to help half a million community college students become trained and certified for manufacturing jobs. They would get a credential guaranteeing that they are skilled.
"If you're a company that's hiring, you'll know that anyone who has this degree has the skills you're looking for," the president said Saturday. "If you're a student considering community college, you'll know that your diploma will give you a leg up in the job market."
Obama said other steps, such as providing students with a quality education and investing in new jobs in the clean energy sector, will aid economic growth.
In the weekly Republican message, also on jobs, Rep. Adam Kinzinger, R-Ill., recalled the administration's promise that unemployment would go no higher than 8 percent after Obama pumped billions of dollars into the economy soon after taking office.
Kinzinger said the "road to refueling our economy and creating jobs" includes tackling government debt, simplifying tax laws, limiting regulations, passing free-trade agreements with Colombia, Panama and South Korea, and boosting domestic energy production.
"These are some of the steps we need to take to get government out of the way and let our economy grow and get back to producing jobs," he said.
---
Thanks for making WYMT-TV your source for news and information. We appreciate your trust.
God Bless America!
Neil Middleton <><
WYMT Mountain News
Appreciate Freedom – Thank a Vet!
Join me on Facebook
Follow me on Twitter
---
Do you have an opinion you want to share? Let me know your thoughts. You can comment on this blog or send me your “Letter to the Editor”.
Here’s is the policy:
Email your letters to neil.middleton@wymtnews.com
Letters should be no more than 300 words. However, exceptions will be made at the discretion of WYMT.
We reserve the right to edit and/or reject letters for content, clarity and length. Please do not make personal attacks, libelous or inappropriate statements.
I look forward to hearing from you.
Posted: 11:53 PM - Gov. Steve Beshear says Kentucky will receive a settlement of more than $6 million from a case involving online gambling.
Posted: 11:49 PM - The House has voted to cut food stamps by $2 billion a year.
Updated: 11:40 PM - Officers turned to waiting tables as a way to show their support for the family of murdered Bardstown police officer, Jason Ellis.
Updated: 11:15 PM - On Wednesday, three children had to be rushed to hospitals after a van crashed on a Clark County road.
Updated: 11:36 PM - James Gandolfini, the actor who played Tony Soprano, has died at age 51.
Updated: 10:06 PM - We're learning more about a shooting at a Kentucky condo that killed three people and critically injured a fourth.
Updated: 7:31 PM - A Kentucky couple will face a judge Thursday and potential fines after a truancy officer says they failed to send their son to school.
Updated: 7:40 PM - Ninety percent of the fireworks sold at Mike's Fireworks on Lexington Road will soon be banned in Nicholasville. After three years at that location, Mike's worried he's going to lose his business.
Updated: 7:31 PM - Wednesday afternoon the community in Jackson County is mourning the loss of a teenager killed when his tractor overturned.
Updated: 7:31 PM - It sounded like a great idea, invest in a company that provides cell service where no one has it, but as we found out this was a scam that stole millions from vulnerable investors.