Sunday, June 24, 2012

Obama: "We're Beginning to Turn The Corner" On Jobs, Economy

1# Obama: "We're Beginning to Turn The Corner" On Jobs, Economy.

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President Obama tells a group of employees from the Polypore company in Charlotte, NC that the gains the US made in job growth last month indicate that "we've turned the corner" in jobs and the economy.Twitter log:We've been through the worst period of economic turmoil since the great depression.We were losing 700000 a month when I first took office. Last month we gained a substantial number of jobs. We've turned the cornerMoves that were necessary, but not popular has broken the slide in the economy. Best jobs/economic news in 2 years.We have a ways to go. 8 million have lost jobs over the last 2-years. Statistics don't do justice to the pain that causes to people.Being unemployed effects not only your finances, but your heart and your soul.We need to tackle some of the long-term problems that have been a drag on our economy. Middle class has been hurting for long time.Gov't can't replace the 8 million jobs that have been lost. Biz does that. Gov't can create the infrastructure that helps biz.Lot's of folks confused the bank bailout with the recovery act. Recovery act cut taxes for small biz and most people.Jobs bill I recently signed cuts taxes for small businesses that hire new workers.America needs to lead in the growth industry of the 21st Century. Long term, clean energy is one of those industries.Before the recovery act, we had the capacity to make less than 2% of the worlds advanced batteries. We're now on pace to make 40%.The US can gain enormous market share in ...
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