Bank Of Baku

Obama blames Europe, energy prices for slow US job growth‎

Obama blames Europe, energy prices for slow US job growth‎
# 04 June 2012 11:22 (UTC +04:00)
Baku - APA-Economics. President Barack Obama said on Friday the U.S. economy was still fighting its way back to full health and was not yet growing or creating jobs fast enough, blaming high gasoline prices and headwinds from Europe’s economic crisis for the lag, Highly Cited reported.

"The economy is growing again but it’s not growing as fast as we want it to grow," he told workers and supporters at a Honeywell factory in Minnesota. "Our businesses have created almost 4.3 million new jobs over the last 27 months but as we learned in today’s job report, we are still not creating them as fast as we want."

"My message to Congress is: now is not the time to play politics. Now is not the time to sit on your hands. The American people expect their leaders to work hard no matter what year it is," Obama told the fired-up crowd.
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