Obama on Cutting the Deficit to Create Jobs
President Barack Obama addresses the need to reduce the nation’s deficit to create jobs in the July 2nd weekly address.
He explains that government needs to start living within its means just like families do. The government needs to cut the spending it can’t afford so that the economy can be placed on a sounder footing. Thus, businesses can be given the confidence they need to grow and create jobs.
Furthermore, he explains that we can live within our means while still investing in our future. He is confident that Democrats and Republicans can get this done for the country.