It's All Politics
Fri July 8, 2011
Obama On Job News: 'We Still Have A Big Hole To Fill'
Reacting to this morning's news of weak job growth and an uptick in the unemployment rate, President Obama just said that the report "confirms what most Americans already know — we still have a long way to go and a lot of work to do to give people the security they deserve."
He said that the 2007-2009 recession wiped away about 8 million jobs, and that even though 2 million positions have been created since then, "we still have a big hole to fill."
"The economic challenges that we face weren't created over night and they're not going to be solved over night," Obama added, as he also made pitches for action on raising the federal government's debt ceiling, making the government "live within its means," and investing in infrastructure and other key sectors that will hopefully boost job growth.