The President spoke of how his administration has focused on rebuilding the nation's economy in his weekly address.
"After decades in which the middle class was working harder and harder just to keep up, and a punishing recession that made it worse, we made the tough choices required not just to recover from crisis, but to rebuild on a new foundation for stronger, more durable economic growth," he said. "Five years later, we have fought our way back."
The president touted his work on energy and health care as key economic boons. He noted steady job growth the economy has seen in recent months, underscoring 200,000 new jobs created in October.
He also noted that the auto industry has essentially recovered from its near bankruptcy and bailout and is helping support growing U.S. manufacturing. All this happened while the deficit has been cut in half, he added.
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Saturday, November 23, 2013
Posted by George Wenschhof at 8:04 AM