Obama: Avoid Political Wound To Economy

154 views · Published 29 December 2012 · 2:42 · Indexed 23 September 2026

Channel: The Uptake by Bridgemakers · 2012 · News & Politics

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President Obama urges Congress to meet its deadlines and responsibilities, protect the middle class from an income tax hike, and lay the groundwork for future progress on more economic growth and deficit reduction.

"We just can't afford a politically self-inflicted wound to our economy. The economy is growing, but keeping it that way means that the folks you sent to Washington have to do their jobs. The housing market is healing, but that could stall if folks are seeing smaller paychecks.  The unemployment rate is the lowest it's been since 2008, but already, families and businesses are starting to hold back because of the dysfunction they see in Washington. "

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