Huffpost Politics

Obama: Economic Growth Can Happen In 2013

Posted: Updated:
OBAMA ECONOMIC GROWTH
Getty Images

WASHINGTON — President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.

In his weekly radio and Internet address, Obama says there are signs of progress in real estate, manufacturing and job-creation.

But other signs are worrying. Unemployment ticked up from 7.8 percent in December to 7.9 percent in January. And the Commerce Department says the economy shrank at an annual rate of 0.1 percent in the final months of 2012.

Obama says the U.S. must lower health care costs and close tax loopholes for corporations and the wealthy.

In the Republican address, Rep. Susan Brooks of Indiana says Democrats must get serious about the nation's spending problems. She's calling on Senate Democrats to pass a budget.

___

Online:

Obama address: www.whitehouse.gov

GOP address: www.youtube.com/HouseConference

Also on HuffPost:

Close
113th Congress Facts
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Suggest a correction

Around the Web

Obama's economy: A snapshot - Economic growth (3) - CNNMoney

Obama: 2013 can be year of economic growth - Yahoo! News

GDP Growth: Obama Presides Over Second Slowest Economic ...

Obama: 2013 can be year of economic growth - SFGate

Obama blames economic contraction on 'bad decisions'

Jobs Deficit: Austerity Politics Threaten Obama's Economy

Jonathan Ernst/Reuters

 
Register To Vote