WASHINGTON, DC — In this week’s address, the President discussed the significant progress we have made in our economy since the financial crisis seven years ago this week, and the steps we can take to build on that momentum and strengthen the economy for the long term.
Thanks to the hard work and resilience of folks around the country, our businesses have created over 13 million jobs over the past 66 straight months, housing is bouncing back, manufacturing is growing again, and the unemployment rate is the lowest it’s been in over seven years.
We’ve come a long way from the darkest days of the financial crisis, but there is still more to be done.
To keep our economy growing, we must avoid self-inflicted wounds and damaging brinksmanship: that starts with Congress passing a responsible budget before the end of the month.
The President has called on Republicans in Congress to stop playing games with our economic progress and instead do its job and pass a budget that reverses the harmful cuts known as the sequester and avoids shutting down the federal government.