Obama vows action to bolster economy
June 28th, 2014
03:53 PM ET
2 months ago

Obama vows action to bolster economy

(CNN) - Echoing his 2014 “year of action” mantra, President Barack Obama delivered a clear economic message during his weekly address Saturday: I will take action to fight for the middle class into my own hands if Congress doesn’t act.


Citing his recent trip to Minneapolis, where he met with middle class families who struggled to recover from the financial crisis, Obama said he would be focusing on the economy in the upcoming week.

“I’m going to spend some time talking about these very choices in the week ahead,” the President said. “That’s because we know from our history that our economy doesn’t grow from the top-down, it grows from the middle-out.”

In referencing top-down economic growth, the President accused Republicans of being obstructionists by blocking the White House’s economic initiatives to bolster the middle class - such as raising the minimum wage and tackling student loan relief – in order to favor wealthy taxpayers.

“The point is, we could do so much more as a country – as a strong, tight-knit family – if Republicans in Congress were less interested in stacking the deck for those at the top, and more interested in growing the economy for everybody,” Obama said. “Let’s realize that we are stronger as a nation when we offer a fair shot to every American.”

The President argued that now is the time to take executive action to ensure that Republicans in Congress do not continue to “rig” the system against the middle class in the future.

“I’ll do my job,” Obama said. “And if it makes Republicans in Congress mad that I’m trying to help people out, they can join me, and we’ll do it together.”


Filed under: Economy • President Obama
soundoff (65 Responses)
  1. Dr. Brown

    Only a fool believes the gop is interested in helping working class, the fight to raise taxes on the wealthiest 1% was defended tooth and nail by the gop, they however were quick to approve a tax hike on the middle class. But their are many who believe their BS, and continue to pay for it, if they only knew how much enjoyment the gop gets when their stool pigeons repeat their lies, and vote gop again. Just wow!

    June 28, 2014 03:59 pm at 3:59 pm |
  2. PaulG

    I know let's borrow more money from china. Be sure to ship over a couple million more jobs while you're at it, just for good measure.

    June 28, 2014 04:13 pm at 4:13 pm |
  3. Name

    Obams loved used fraud check scam from afrcian amerciam but obama never tell truth to amercian people what happened about fraud check scam from afrcian amercian

    June 28, 2014 04:18 pm at 4:18 pm |
  4. Tommy G

    Obama vows action to bolster economy
    ---

    5.5 years of failure and this clueless fool STILL doesn't get it. At this point the ONLY action he can take that will help the economy is to resign. This imbecile screws with every part of the economy, wages war against entire segments of our economy, messes with the entire healthcare system, inflicts 21 new taxes thanks to Obamacare, adds massive new regulations, and on and on and then wonders why the economy is taking and hasn't been creating the new jobs we need.

    Obama and the Democrats just don't have a freakin' clue. November people, end this madness in November. Through the clueless, leftist job and economy killing Democrats OUT. Or continue to pay the price for their insanity.

    June 28, 2014 04:19 pm at 4:19 pm |
  5. pkMyt1

    There really is not much more he can do without Congress. Since the GOP is against everything he is for nothing will get done.

    June 28, 2014 04:40 pm at 4:40 pm |
  6. it must be said

    Obama and his Federal Government Dictated Economy are a disaster. This incompetent clown couldn't manage his way out of a wet paper bag, let alone run our economy. Hasn't he figured it out yet? The more he tries to do, the worse things are getting. At this point every American should demand to see his college transcripts because he is looking like a total failure that talked his way through school. The Democrats and their lackeys in the left wing media have perpetrated a massive fraud on the American people by foisting this incompetent on us.

    June 28, 2014 04:47 pm at 4:47 pm |
  7. just saying

    pkMyt1
    There really is not much more he can do without Congress. Since the GOP is against everything he is for nothing will get done.
    -–

    republicans are for things that work, not more of the same failed leftist obama policies. he is simply too arrogant to admit he doesn't know what he is doing and is in way over his head.

    June 28, 2014 04:50 pm at 4:50 pm |
  8. Obama Plan

    What we need to do is to borrow and spend $10 TRILLION on shovel ready jobs. We will pave over every inch of this country creating millions of paving jobs. I would advise investing heavily in asphalt.

    June 28, 2014 04:53 pm at 4:53 pm |
  9. Tampa Tim

    Just – Republicans have never been for things that work. They do like wars and tax cuts for the wealthy, though.

    June 28, 2014 04:55 pm at 4:55 pm |
  10. Hector Slagg

    Well,
    The Lad sure talks a good game. There was the summer of recovery, 2010, Shovel Ready jobs, And the Pajama Game. Everything but what is needed. Whazzat that you say ?Dr. Brown?? Raise Taxes on the wealthiest 1 Percent? Only a fool would think raising taxes on the wealthy will fix the economy. It was already tried in the old Soviet Union. A smashing success. The people voted for jobs to go to China. You want jobs to come back? Get rid of Obama Care.

    June 28, 2014 04:55 pm at 4:55 pm |
  11. Anonymous

    The GOP's only agenda is to make the President look bad. They can't tell voters one thing past, "I will appeal Obama care if i'm elected...." They are to hateful to ever think of the millions that have benefited from the Affordable Care Act. Hate and how can We make the rest of the country Hate the way we do. Sad Sad Sad

    June 28, 2014 04:58 pm at 4:58 pm |
  12. Chris..E.al

    Everything the dems do is brainless and dopey from driving energy cost up ( they blame weather ) to the pinhead foreign policy to domestic to gutting our military the border as the world burns all around our bubble . They are so complacent and naive .

    June 28, 2014 05:01 pm at 5:01 pm |
  13. just saying

    Anonymous
    The GOP's only agenda is to make the President look bad.
    -–

    truly hilarious. obama is doing a bang up job making himself look bad and needs no help whatsoever. and his poll numbers show he is polling fewer and fewer people every day. only the true brain dead leftist koolaide drinkers are still sticking with him.

    June 28, 2014 05:05 pm at 5:05 pm |
  14. Impeach Obama

    Enough from this Hugo Chavez channeling dictator. Get him out of there. It is clear he simply won't sit down and negotiate with people. This is the same guy that criticized George Bush for issuing Executive Orders. Bush didn't do it to circumvent Congress or shut out Congress from their sworn duty. Even liberal constitutional law professors have stated Obama has gone way over the line. How many 9-0 USSC slap downs of Obama do we need to see?

    June 28, 2014 05:13 pm at 5:13 pm |
  15. Chris..E.al

    Its the dems that are raping our pocket books from healthcare to energy to food an basic needs . And want the job makers to pay for their dumb ideals wake up ppl .

    June 28, 2014 05:18 pm at 5:18 pm |
  16. Anonymous

    Obama's actions are NOT about bolstering the economy in ANY way!

    They are nothing but hand out mentality issues, to make people want governemtn take over of their lives, and to persuade voters for the November elections.

    You notice HE will act if Congress doesn't. Translated, that means he will create hand outs to garner votes for the election........and as soon as the election is over, it will be right back to the great jobs at McDonald's again!

    The man is an outrageous liar, and charlatan. He is as dishonest and corrupt, as the day is long.

    June 28, 2014 05:24 pm at 5:24 pm |
  17. nintex

    I'm so incredibly sick of hearing about President Obama's "failed economic policies." Republicans stick their fingers in their ears and yell 'la la la la la – I can't hear you – la la la." Hey you guys, take a look at the way the economy is getting better every month, a little at a time, granted, but steadily better each month. Instead of this constant "failed economic policies", why don't you just yell "the sky is green! the sky is green! the sky is green!" It would make about as much sense.

    June 28, 2014 05:39 pm at 5:39 pm |
  18. Liz the First

    Proving once again, Obama cares, the repugs don't! why anyone still thinks those traitors are doing anything good for this country is beyond me. guess Obama's slogan should have been, 'Yes, I Can!'

    June 28, 2014 05:40 pm at 5:40 pm |
  19. Working Dude

    When you selectively enforce or change laws the other side doesn't trust you on your work. This is after bad mouthing them at every chance you get. Nothing is his fault. How can that be. How does he know nothing bad before he sees it on tv.

    June 28, 2014 05:43 pm at 5:43 pm |
  20. J Anthony

    What Republican "policies that work?" Name one Reub policy that has helped the majority of Americans in the last 30 years.

    June 28, 2014 06:10 pm at 6:10 pm |
  21. barky

    If he was white he would be in prison by now.

    June 28, 2014 07:27 pm at 7:27 pm |
  22. Iamnotfooled

    This President could have this economy booming if it were not for the DO NOTHING-Worst in History Congress. His approval rating is low @42% but theirs is @7%. He can't do it by himself. Wonder why the Republicans and TEA can't see this. They must be blind.

    June 28, 2014 07:30 pm at 7:30 pm |
  23. Wes

    obama is a disaster.

    June 28, 2014 07:41 pm at 7:41 pm |
  24. Stuffitu

    We have been hearing this for six years. He seems to think the way to do it is stifle business and tax those of us who actually work and give the money to the dopers, welfare frauds and corrupt unions . Is ot any wonder that old Botox Pelosi was down on the border today telling th drug cartels tht they are Americans.

    June 28, 2014 07:45 pm at 7:45 pm |
  25. Tao

    If a president is still touting the things he promised to achieve in the first term, he needs to check his memory...

    June 28, 2014 08:43 pm at 8:43 pm |
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