Obama: Economy has a 'long way to go'
July 8th, 2011
11:11 AM ET
3 years ago

Obama: Economy has a 'long way to go'

(CNN) – President Barack Obama said Friday that "today's job report confirms what most Americans already know: We still have a long way to go and a lot of work to do."

He called on Congress to take a series of steps to help strengthen the economic recovery, including dedicating more money to infrastructure repair, streamlining the patent approval process, passing several free-trade agreements, and extending the current payroll tax break.

He also called for a rapid conclusion to the debt ceiling talks. "The sooner we get this done," the sooner businesses will have the certainty needed "to grow and to hire," he said.


Filed under: Jobs • President Obama • unemployment
soundoff (35 Responses)
  1. The Obama Recession Continues Unabated

    The economy and job growth is going NOWHERE but DOWN as long as Obama is in the Whitehouse and Harry Reid controls the Senate. They have proven they are an economic dumb and dumber team doing the same things over and over and getting only bad results. To call them clueless would be a complement. The truth is they are totally incompetent.

    July 8, 2011 11:17 am at 11:17 am |
  2. Anthony

    With the Bush tax cuts still in place, the job numbers are still dismal. Why do Republicans want to continue with a tax policy that causes deficits and does not produce jobs?

    July 8, 2011 11:21 am at 11:21 am |
  3. Rudy NYC

    The economy and job growth was growing steadily upwards until the Republican came to power in the House with spending cuts and Governers with their spending cuts.

    July 8, 2011 11:22 am at 11:22 am |
  4. tainopower

    And this is the best he can come up whit? you lost my vote 6 month ago for 2012 elections.

    July 8, 2011 11:27 am at 11:27 am |
  5. Inmyopinion

    Oh please, if President Obama had given job growth as much attention as he gave to the notion of taking from the rich to give to the poor and the notion of opening the banks to spread wealth evenly and his ignoring of small businesses we would have experienced job growth and unemployment wouldn't be as high as it is and has been since he took the White House.

    President Obama has never understood and never will because of his none business experience that it is the small businesses in our country that keep families employed more than the big guys who don't care to fire 100 employees in one day with no remorse.

    His aim has been to tax small businesses while not touching industries such as Hollywood who pocket millions.

    July 8, 2011 11:29 am at 11:29 am |
  6. A True Centrist

    Mr. President,
    Do you realize the Dem-controlled Senate has not passed a budget in two years, including when they had a super majority. The House Republicans atleast passed a budget, whether you liked it or not. Your administration proposed a budget that was so bad, it was voted down 97-0 in the Senate.

    Do you realize you promised unemployment would not hit 8% if the stimulus was passed. You PROMISED that! What happened...unemployment topped 10% and is now settling in at above 9%. You failed...again!

    Do you realize you have now increased the amount of wars we are fighting in and paying for? Do you realize our reputation overseas is still incredibly low? Do you realize how much debt you have run up in just two years? Do you realize our dollar is sinking faster than possibly imagined?

    Look, the reality is that all of Washington is useless right now. Like the saying goes, the tone starts at the top and you are fundamentally not a leader. You have tried, but failed miserably. For the sake of this country, please reconsider running for a second term. The Democratic Party can do so much better than you.

    July 8, 2011 11:29 am at 11:29 am |
  7. AK

    A very true and important point you make "Rudy NYC". I hope the public and the people that "we" truly trust to govern us and tie it together like you just did.

    July 8, 2011 11:30 am at 11:30 am |
  8. tainopower

    oh yes let's blame it on bush. that is getting old. Wen are democrats going to take charge of the government?

    July 8, 2011 11:30 am at 11:30 am |
  9. JerseyBill

    Good news! The unemployment rate is up to 9.2%. The Obama magic is working! 4 more years! Let's go for 10% We CAN be like Greece. I KNOW we can!!

    July 8, 2011 11:35 am at 11:35 am |
  10. The Obama Recession Continues Unabated

    With the Bush tax cuts still in place, the job numbers are still dismal. Why do Republicans want to continue with a tax policy that causes deficits and does not produce jobs?
    ===================================================================================================
    We have a CONSUMER driven economy. Taking money out of the hands of people reduces what they can spend, thus damaging the economy and jobs.

    The federal government being benevolent and allowing people to keep the money they earned does NOT cause deficits. SPENDING more than you have causes deficits. Even if the Obama tax breaks for the "rich" were removed, a huge deficit would remain because SPENDING IS TOO HIGH.

    July 8, 2011 11:35 am at 11:35 am |
  11. Name king

    Obama you need to raise taxes on every one to finance the most massive infra structure building this country have ever seen. You need to stop following the repugs trickle policies that have failed time and time again. This massive modernization can cause millions of Americans into getting a job, you can cut what you may, but you need tax hike to finance this epic modernization plan. Giving money to the rich will not solve out problem, because they are outsourcing it to other countries. Now is the time to rally the people to go to congress and get these naysayers to stop destroying our country and raise taxes to finance this construction.

    July 8, 2011 11:36 am at 11:36 am |
  12. Mike in Fairfax

    Right Rudy...those darn Governors and their anti-jobs stances. Rick Perry's Texas sure is going through some dismal economic times with the complete lack of job creation there.

    July 8, 2011 11:37 am at 11:37 am |
  13. Peter s

    Mr. President! while those stuff you mentioned sounds great "idedicating more money to infrastructure repair, streamlining the patent approval process, passing several free-trade agreements, and extending the current payroll tax break." Jim DeMint thinks the opposite holding those stuff will be your waterloo!!. Do what ever you can to create jobs and save the American people from the hypocrisy of the Republican Congress and the Republican Governors!!

    July 8, 2011 11:38 am at 11:38 am |
  14. Sniffit

    "Why do Republicans want to continue with a tax policy that causes deficits and does not produce jobs?"

    They're still fighting the Civil War. The plan is to completely destroy the federal government so we can become a loose conglomeration of nation-states in which the red-controlled states can go back to doing whatever the hell they want with no regard for the parts of the US Constitution that they have for over a century hated and found inconvenient.

    July 8, 2011 11:41 am at 11:41 am |
  15. Rudy NYC

    Someone pointed out that *after* the Bush Tax Cuts were instituted, we had to raise the debt limit every year while we waited for the jobs growth to generate the revenue so as to make raising the debt limit unnecessary. That was under the a Republican president.

    Now, under a Democrat, we are no longer allowed to run deficits or raise the debt ceiling while we continue to wait for the jobs promised by the re-enacted Bush Tax Cuts.

    July 8, 2011 11:42 am at 11:42 am |
  16. Sniffit

    "They have proven they are an economic dumb and dumber team doing the same things over and over and getting only bad results."

    So say the people who are claiming that cutting taxes MORE, and paying for it by cutting the programs that helped create and grow the middle-class in the first place, will fix all our problems.

    Projection: "a psychological defense mechanism where a person subconsciously denies his or her own attributes, thoughts, and emotions, which are then ascribed to the outside world, usually to other people."

    July 8, 2011 11:44 am at 11:44 am |
  17. Fair is Fair

    "The economy and job growth was growing steadily upwards until the Republican came to power in the House with spending cuts and Governers with their spending cuts."
    ___________________________

    Thank God the majority of the people who read this drivel are Obama voters already.

    July 8, 2011 11:44 am at 11:44 am |
  18. Martha in CF

    The economy will go nowhere with the Republican party of NO around. I have not heard of any jobs coming from their party as they had promised in the last election. We might as well face it--the middle class is doomed...................The rich will be dictating to the rest of us how we will be living................It's a shame.
    Hang in there President Obama. You were dealt a raw deal..................
    Obama/Biden 2012

    July 8, 2011 11:44 am at 11:44 am |
  19. diridi

    Wake up, Americans, this is all GOP thugs drama.....o.k, GOP idiots want spending cuts while we need jobs. Obama, go with construction of Roads, Bridges, Airports, etc, and just introduce some toll charges too on the road that stretch 200 miles, so that it generates some revenue, so that country will not falter financially, GOP thugs want to cut Medicare, and Social Security, is bad, bad and bad for the nation....Obama, do not let this happen.....god bless you Obama....we are on your side.....o.k, Bush's Iran war, Regan's Trickle down theory created nation's fiscal mess....Obama2012.....

    July 8, 2011 11:45 am at 11:45 am |
  20. Bill from GA

    Didn't you get the message, Barry?? Congress Ain't gonna spend no money on jobs. They don't want no jobs. They wanna make you look bad.

    Get It, Barry??

    July 8, 2011 11:46 am at 11:46 am |
  21. TALKing point

    Did I hear that Obama said " I take care of it, I got it under control"? Come on Obama, tell America the truth. Dont just talk talk. Tell the truth. Let America people know when.

    July 8, 2011 11:50 am at 11:50 am |
  22. Quaker75

    @RudyNYC, would you like states to run deficits like the national government. They can not print money. Oh raise taxes on the majority to keep extra garbage people. It is great to see that our recovery should be based superfluous public sector workers rather than self-reliance. We need massive spending cuts, and massive tax cuts to put money in all people's hands. Run the national deficit up from lack of all tax revenues. Class warfare economics that President Obama engages in does not work. Trickl e up poverty is not an answer.

    July 8, 2011 11:51 am at 11:51 am |
  23. Cosmo

    Mr. President it is time that you took the gloves off and went to the American people with an easy to understand explanation of what has happened in these "negotiations" and just what is at stake. The American people need to know that the only compromise has come from your side of the table and that you are done with compromising and will not sell out the middle class and roll back 90 years of progress. Stand tall and get your message out loudly and clearly (and succintly, preferably with some charts and graphs). The American people are not as stupid as the Republican party and their handlers think they are. The ball is in your court, stop playing defense.

    July 8, 2011 11:55 am at 11:55 am |
  24. Really?

    "The economy will go nowhere with the Republican party of NO around. I have not heard of any jobs coming from their party as they had promised in the last election."

    The Republicans own 1/6 of the federal government and that is supposed to be enough to undo the issues that have been created with a failed stimulus and regulation that even prevented Obama's shovel ready jobs from being shovel ready? The Reps and Bush handled the start of the recession poorly and Obama and the Dems have handled the rest of it worse. I still find it disgusting that Obama thought it was funny that his 1 trillion dollar stimulus failed because the shovel ready jobs were not shovel ready. How is spending 1 trillion dollars on nothing funny? He will not get my vote again and I think if most people who voted for him actually looks at what he has done in an honest manner, they will not either.

    July 8, 2011 11:55 am at 11:55 am |
  25. diane

    Gop are a party that turned from Always being bad for the country,to a radical,evangelical,dictatorship! The Teaparty are just "Thugs" Their "Both" the Same???? Vote them down for our countrys "Sake"

    July 8, 2011 12:04 pm at 12:04 pm |
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