Friday, July 26, 2013

Obama: Washington took its eye off economic ball

GALESBURG, Ill. (AP) ? President Barack Obama is accusing Washington of taking "its eye off the ball" and getting distracted from the economy.

The president is trying to refocus debate on pocketbook concerns after months that have been dominated by what he calls "phony scandals" and "stale debates."

Obama's remarks come in a speech he's giving Illinois' Knox College. That school was the site of his first major economic address as a U.S. senator eight years ago.

Wednesday's speech includes no new policy initiatives, but Obama is declaring that reversing bad economic trends should be Washington's highest priority.

Obama is promising to fight for the middle class with policies to promote jobs, educational opportunities, homeownership, secure retirement and health care.

Source: http://news.yahoo.com/obama-washington-took-eye-off-economic-ball-171858491.html

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