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Obama claims to see signs of strength in economy

By The Associated Press
June 1, 2013

President Barack Obama speaks in the Rose Garden of the White House, in Washington. (AP Photo/Pablo Martinez Monsivais)

President Barack Obama speaks in the Rose Garden of the White House, in Washington. (AP Photo/Pablo Martinez Monsivais)

President Barack Obama says the economy is showing new signs of strength. He’s pointing to the auto industry, new jobs and a recovering housing market as signs of progress.

In his weekly radio and Internet address, Obama calls on Congress to do more to ensure that progress continues. He’s asking lawmakers to invest in roads and bridges, pass a comprehensive immigration overhaul and let homeowners save money by refinancing at low interest rates.

Obama says there’s reason to be optimistic about the country’s direction, but there are more jobs to create and more kids to educate.

In the Republican address, Alaska Gov. Sean Parnell says Republican governors are balancing their budgets and should be an example for Obama. He’s calling on the president to ramp up domestic energy production.

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Online:

Obama address: www.whitehouse.gov

GOP address: http://www.youtube.com/gopweeklyaddress

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Copyright  © 2013 The Associated Press. All rights reserved.

Copyright  © 2013 Capitol Hill Blue

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One Response to Obama claims to see signs of strength in economy

  1. woody188

    June 1, 2013 at 7:56 pm

    I get investing in infrastructure, but the immigration bill will guarantee low wage labor and interest rates on housing re-fi’s is low but the darn banks have doubled and tripled the closing costs.