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Obama: Economic Recovery Is 'Going To Take Time' (VIDEO)

Obama Weekly Address

AP/The Huffington Post   First Posted: 06/11/11 09:08 AM ET Updated: 08/11/11 06:12 AM ET

WASHINGTON — President Barack Obama on Saturday sought the public's patience with a slowing economy and said training workers for manufacturing jobs despite declines in that sector will help put the economy on a path toward growth. He said the recession didn't happen overnight and won't end that way, either.

"It's going to take time," Obama said in his weekly radio and online address.

Recent polling shows broad disapproval with Obama's handling of the economy, which is becoming the central issue in next year's presidential election. Such disapproval hit a record 59 percent in a recent Washington Post-ABC News poll.

Job growth slowed sharply in May and unemployment inched up to 9.1 percent, according to economic indicators that also showed manufacturers cutting 5,000 jobs last month. Those were the first job losses in that sector in seven months.

No president since World War II has won a second term with a jobless rate above 7.2 percent, and Obama's options for sparking faster economic growth before the November 2012 election appear limited.

On Monday, Obama was to head to Durham, N.C., for a brainstorming session with his jobs council on steps Washington can take to encourage private-sector hiring. Council members and senior administration officials also were to hold "listening and action sessions" with businesses in the Raleigh-Durham area to get their input.

Last Wednesday, Obama announced an effort by the private sector, colleges and the National Association of Manufacturers to help half a million community college students become trained and certified for manufacturing jobs. They would get a credential guaranteeing that they are skilled.

"If you're a company that's hiring, you'll know that anyone who has this degree has the skills you're looking for," the president said Saturday. "If you're a student considering community college, you'll know that your diploma will give you a leg up in the job market."

Obama said other steps, such as providing students with a quality education and investing in new jobs in the clean energy sector, will also help the economy grow.


In the weekly Republican message, also on jobs, Rep. Adam Kinzinger, R-Ill., recalled the administration's promise that unemployment would go no higher than 8 percent after Obama pumped billions of dollars into the economy soon after taking office to stimulate it.

Kinzinger said the "road to refueling our economy and creating jobs" includes tackling government debt, simplifying the tax code, limiting regulations, passing free-trade agreements with Colombia, Panama and South Korea, and boosting domestic energy production.

"These are some of the steps we need to take to get government out of the way and let our economy grow and get back to producing jobs," he said.

WATCH:

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WASHINGTON — President Barack Obama on Saturday sought the public's patience with a slowing economy and said training workers for manufacturing jobs despite declines in that sector will help put the...
WASHINGTON — President Barack Obama on Saturday sought the public's patience with a slowing economy and said training workers for manufacturing jobs despite declines in that sector will help put the...
 
 
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HUFFPOST PUNDIT
procrustes13
01:10 PM on 06/13/2011
Free trade with Colombia will solve all problems, that Republican clown says. I guess he wants to import their method of taking care of trade union leaders.
hopeisalive
Old enough to know better, but young enough to try
08:07 AM on 06/12/2011
Mr. Kinzinger it is easy to point fingers, but what have you and the Party of No done to help create jobs?
02:56 PM on 06/12/2011
Amen, And did you look at his proposed solution to the job problem. He wants to add another free trade agreement for more countries that are closer to us to make it even easier to outsource jobs. He wants to remove regulations that were put in place to protect the working class. I was recently terminated because I questioned the overtime policy at a company where I worked. They were working me from 7 AM to 10:30 PM at night and were talking about adding more work. Our unemployment rate would be lower if companies were not allowed to work salaried individuals to death. There should be a cap on how many hours anyone can work period. I would cap the hours at a maximum of 60 hours per week. As it is, there are places that work people 84 hours per week and up.
HUFFPOST SUPER USER
JudeOnPolitics
06:36 AM on 06/12/2011
All those Corporations, who fund the GOP (Greedy Oppressive Politicians) and pay no taxes, are deliberately refusing to create jobs in the US. There will be no jobs ever for us...those corporations are out to destroy the United States and they are using the Republicans to do it.
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HUFFPOST SUPER USER
jhnnxn
Won't say it face to face? Don't post it online!
07:47 AM on 06/13/2011
Excellent argument for a flat tax.
HUFFPOST SUPER USER
JudeOnPolitics
08:04 AM on 06/13/2011
I'd go for the Sales Tax and eliminate Income Tax altogether. With a Sales Tax, jobs would be priority, so citizens have money to spend...then, the Treasury gets funded and everyone survives.
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Social Construct
Go left, young man.
06:04 AM on 06/12/2011
Immediate "economic recovery" for Wall Street. For the rest, " .... it will take time."
No more, "Please, sir, can I have some more?" President Obama may have his head and heart in the right places, but the restraints by his half of the too big to fail two party system, as well as the buffoonery from the other half, are rendering his administration ineffective.
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HUFFPOST SUPER USER
Peppers Dad
I live. My Goldens rule.
06:32 AM on 06/12/2011
Which is precisely, indisputably the sole raison d'etre of the buff oons.
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HUFFPOST SUPER USER
jhnnxn
Won't say it face to face? Don't post it online!
07:49 AM on 06/13/2011
I'm not sure where his heart is, but I'm surprised he can stand the smell of where his head is.
HUFFPOST SUPER USER
gilruth 8441
01:07 PM on 06/13/2011
all black people have a peculiar smell
02:17 AM on 06/12/2011
Elliott Johnson is willing to give Obama another try????? A try at what? To continue to destroy this country? Blame everything on Bush.....but what most people do not realize is the Democrats took over Congress in 2006 and that is where the problems started. Obama was a member of Congress in 2006 and he voted for all the big Government spending. Yes, I voted for him because like so many others, I believed in his "hope & change".........we got the change but no longer have any hope. I will not vote for him again!
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11:43 AM on 06/12/2011
He doesnt need another try, you are right. This try he is working on just hasnt had enough time. It took a long time for Bush and Cheney to send the economy into the worst recession of our lives. Obama just got thru fixing Bushs Other failure, over in Pakistan, he will fix this one also. You people always want to cry though. You are also trying to tie his hands in the congress. All he can do is put regulations on these rich people who have diverted funds into their own accounts, people in the mold of Bernie Madoff- Bush and Chaneys buddies- the reason THEY went into politics, the reason all republicans do. All the gold is still on the planet, it has simply been diverted into the accounts of a relitive FEW> Obama knows it, so do we all, deep down we do. You just dont want a man like him to fix it, just like you dont like it that a man like HIM got Bin Laden. Why IS that?? Gee I wonder?
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11:47 AM on 06/12/2011
But don't worry, we know its not cuz hes black. Republicans love minorities, we all know that- of course. Honest republicans, dislike a man cuz hes black? Why hush my mouth, i must be hiding behind racism. They would never hide behind racism tho, not a republican, shoot no
02:07 AM on 06/12/2011
If Romney, Pawlenty and Huntsman run as Centrist, compromising Republicans they can certainly beat Obama. Just pull a "read my lips" on all his empty promises. Obama is not simply anxious about the economy, he knows he needs a miracle now and Osama Bin Laden simply is not enough.
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12:21 PM on 06/12/2011
I cant "read your lips"- they are pressed up too firmly upon Romneys Backside
01:59 AM on 06/12/2011
Gutsy calls at the behest of Military Advisors with field experience. Whats Bob Gates supposed to say to keep his job. Anyone who dismisses Obamas poor decision making gets fired!
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12:19 PM on 06/12/2011
So, do republicans just lie to keep their jobs- is that how you think? Maybe thats what YOUD do. Besides, Gates LEFT that job, he was PLANNING on leaving it, so go make ANOTHER lie up, that one wont work
01:55 AM on 06/12/2011
The reason why Navy Seals could not previously get Osama bin Laden was because of poor intel and the use of multiple branches of the service. This mission was solely given to Navy Seals hence it was successful because of their efforts. Obama was sitting in the White House watching it on Seal head cams. What did he do? It is certainly a flash in the pan to bolster his failed posting as Commander-in-Chief. Engaging us in now 4 Middle East Wars draining our economy that was really sound thinking ( not really ).
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07:29 AM on 06/12/2011
Even Bob Gates, the defense secratary, who has served in the highest levels for every republican administra­tion since Reagan, said that Obama made the "gutsiest calls" of any president he had ever seen in his life
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07:30 AM on 06/12/2011
he asmitted it, he saw it. He wasnt at home just commenting on it on his computer
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12:29 AM on 06/12/2011
Democrats love those pie in the sky good intention policies like the war on poverty or more recently Obama's health care reform and porkulus bill. Only thing is their programs are filled with unintended consequences or so they tell us when things don't go the way they said it should have..
11:49 PM on 06/11/2011
The private sector had it's chance to provide American's jobs with 10 years of tax cuts, how'd that work out? Our nation has a huge surplus of educated and highly trained people who have been thrown under the bus by Corporate America that the private sector refuses to hire. Unless we wake up and reallocate the money we're feeding the military-industrial complex, squandering on unnecessary foreign wars and invest in the infrastructure and people in our own country, we'll continue cruising down the highway to hell at warp speed.
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12:22 AM on 06/12/2011
They were humming along just fine until the Democrats took over Congress in 2007 and in spite of the Democrats' ill-conceived "affordable housing" ruse they started with Clinton's insistance in 1994.
11:36 PM on 06/11/2011
Most people with a brain know this, Mr. President. Unfortunately, most Americans are almost too DUMB to function.
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12:23 AM on 06/12/2011
American Democrats. Let's be accurate.
11:28 PM on 06/11/2011
What? No "summer of recovery" this year? Geez!
Freedom Lives
Do you wonder, watch, or make it happen?
10:33 PM on 06/11/2011
Americans cannot pay their bills with mere slogans or eat empty idealogy.

They need jobs.

They need real jobs to pay their mortgages and pay their bills.

Unless Obama has an epiphany-and embraces free enterprise and free markets-

he will be writing his memoirs-

in 2013.
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10:38 PM on 06/11/2011
He already wrote them, back in 1994 I think. It was one of the things that got me to vote for him
Freedom Lives
Do you wonder, watch, or make it happen?
10:46 PM on 06/11/2011
Life does have its regrets.

When you are young-

you learn things.

When you are older-

you understand things.

And that IS-

life.
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10:39 PM on 06/11/2011
But maybe these new ones you speak of will entice a whole new slew of young voters, I hope your right.
10:27 PM on 06/11/2011
Still waiting for someone to name one single thing this poser has accomplished besides bow to muslim savages and their subhuman ilk.
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10:31 PM on 06/11/2011
dont talk about your husband in that manner
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12:31 AM on 06/12/2011
Don't have anything offer on Obama's accomplishments? Of course not you live in a fairy tale on the CW.
HUFFPOST SUPER USER
Cleverboots
10:09 PM on 06/11/2011
Reply to Dantee-I am disppointed in Obama because the man I voted for is not the man in the White House. On the other hand, I have not seen a Republican Candidate I could vote for either. I'll take a strong Democratic(real Democrat)challenger, a Republican with the right ideas or a strong third party candidate. I am not happy with Obama at this point. Yes, we got Bin Laden. Let's end ALL the wars, bring our troops home and focus on America. It's about damn time we did.
01:48 AM on 06/12/2011
Dear Cleverboots, I agree end all 4 wars ( Bush -1 Obama -3 ) Afghanistan, Libya and our covert Syrian intervention are on Obama's back and a Chinese American Express Card. No I never voted for Community Leader Obama as I never believed his promises not one. Especially the promise to end the conflict in Iraq. Obama will have so many "read my lip" moments the airwaves will be buzzing. Simply a centrist Democrat or Republican will suffice. A Centrist Republican need not pander to Tea Party or Christian Right, as they will not vote for Obama. Republicans need to stop pushing the ticket to the issues of abortion, church, stem cell research etc. Romney if he remembered his origins was such a candidate. His advisors keep pushing him to the right. Americans simply will not vote for someone to the right of Attila the Hun or to the left of Karl Marx.
07:47 PM on 06/12/2011
earendii posted: " A Centrist Republican need not pander to Tea Party or Christian Right, as they will not vote for Obama. Republican­s need to stop pushing the ticket to he issues of abortion, church, stem cell research etc.">>>>>>We may not vote for Comrade Obama but if they want our vote, they better pay attention to us. Voting for a third party or a write in is still an option. I don't think the Republicans can ignore us and win.
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HUFFPOST SUPER USER
jhnnxn
Won't say it face to face? Don't post it online!
07:57 AM on 06/13/2011
Gary Johnson. Wait a year and it won't seem so crazy. Who outside of AR knew who Clinton was in 1991?
07:17 PM on 06/12/2011
Cleverboots: