Obama Touts America’s Strong Economy
20 July 2014 / 136 Comments
On Saturday, President Obama used his weekly address to highlight recent positive economic indicators as an argument for raising the minimum wage and increasing spending on roads, infrastructure, and job training.
The president said, “Over the past 52 months, our businesses have created nearly 10 million new jobs. The unemployment rate has fallen to its lowest point since 2008.” He added, “In fact, for the first time in over a decade, business leaders worldwide have declared that China is no longer the world’s best place to invest – America is.”
“Our economy grows best not from the top-down, but from the middle-out. We do better when the middle class does better,” he continued. “So we have to make sure that we’re not just creating more jobs, but raising middle-class wages and incomes. We have to make sure our economy works for every works for every American.”
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