Obama: Returning to Knox College in Galesburg, Ill., where he gave his first big speech on the economy as a newly elected U.S. senator eight years ago, Obama repackaged his economic message, promising to "use every minute of the 1,276 days remaining in my term to make this country work for working Americans again.", according to CBC. In the first of three planned speeches on the economy, Obama played heavily on the need to put the brakes on growing income inequality, a repeated theme in all his remarks on the economy. 'The average CEO has gotten a raise of nearly 40 per cent since 2009, but the average American earns less than he or she did in 1999.' U.S. President Barack Obama U.S. President Barack Obama said Wednesday that Washington has "taken its eye off the ball" as he pledged a stronger second-term commitment to tackling the economic woes that still strain many in the middle class nearly five years after the country plunged into a recession. While proposing nothing new, the president was obviously setting the table for what will likely be a bitter fight with congressional Republicans this fall over the need to again raise the U.S. government's borrowing limit to pay its bills and to fend off deep spending cuts being written into an upcoming Republican budget proposal. 1st of 3 speeches on economy
(www.immigrantscanada.com). As
reported in the news.
Tagged under Obama, economy topics.
26.7.13