The President Announces a Forum on Jobs and Economic Growth,
doudoune monclerTHE PRESIDENT: Good morning, everybody. Before departing for???…? Asia this morning, I’d like to make a brief statement about the economy.
Over the past 10 months, we’ve taken a number of bold steps to break the back of this recession. We’ve worked to stabilize the financial system, revive?
lending to small businesses and families, and prevent responsible homeowners from losing their homes. And through the Recovery Act,
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As a result,
moncler, the economy is now growing again for the first time in more than a year -- and faster than at any time in the past two years. But even though we’ve slowed the loss of jobs -- and today’s report on the continued decline in unemployment claims is a hopeful sign -- the economic growth that we’ve seen has not yet led to the job growth that we desperately?
?? need. As I’ve said from the start of this crisis,
moncler sito ufficiale, hiring often takes time to catch up to economic growth. And given the magnitude?
of the economic turmoil?
that we’ve experienced, employers are reluctant to hire.
Small businesses and large firms are demanding more of their employees, their increasing their hours, and adding temporary workers -- but these companies have not yet been willing to take the steps necessary to hire again. Meanwhile, millions of Americans -- our friends, our neighbors,
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We all know that there are limits to what government can and should do,
louboutin, even during such difficult times. But we have an obligation?
to consider every additional, responsible step that we can [take] to encourage and accelerate job creation in this country. And that’s why,
moncler, in December, we’ll be holding a forum at the White House on jobs and economic growth. We’ll gather CEOs and small business owners,
abercrombie and fitch, economists and financial experts, as well as representatives from labor unions and nonprofit groups,
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It's important that we don't make any ill-considered decisions -- even with the best intentions -- particularly at a time when our resources are so limited. But it's just as important that we are open to any demonstrably good idea to supplement the steps we’ve already taken to put America back to work. That’s what this forum is about.
In the coming days, I’ll also be meeting with leaders abroad to discuss a strategy for growth that is both balanced and broadly shared. It's a strategy in which Asian and Pacific markets are open to our exports -- and one in which prosperity around the world is no longer as dependent on American consumption and borrowing, but rather more on American innovation and products.
It's through these steps with our partners, in addition to the work we're doing here at home, that we will not only revive our economy in the short term, but rebuild it stronger in the long term?
?,
abercrombie?. That's been the focus of our efforts these past 10 months -- it will continue to be our focus in the months ahead.
Thanks very much, everybody.
END 9:46 A.M. EST
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