Obama Says Debt Debate Contributing to Dismal Job Growth

Townhall.com Staff
|
Posted: Jul 08, 2011 5:00 PM
Obama Says Debt Debate Contributing to Dismal Job Growth
Reacting to this morning’s dismal jobs report, President Obama said today that uncertainty in the debate over the deficit is contributing to slow economic growth and the nation’s rising unemployment rate.

“The sooner we get this done, the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and to hire, and will provide more confidence to the rest of the world as well so that they are committed to investing in America,” the President said in his remarks this morning in the Rose Garden.