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HiPointDem

(20,729 posts)
Tue May 21, 2013, 03:57 AM May 2013

Obama Says Job Market May ’Stall’ Due to Budget Cuts [View all]

President Barack Obama told a group of Democratic donors in Atlanta that the economy and job market could falter as a result of the automatic spending cuts that went into effect March 1.

“Because of some policies in Washington, like the sequester, growth may end up slowing,” Obama said at a luncheon for the Democratic Senatorial Campaign Committee. “We may see once again the job market stall.”

The president was in Atlanta to give the commencement address at Morehouse College and he told the donors that while he was energized by the spirit of the graduates “they are entering into a job market that is still challenging.”

http://www.bloomberg.com/news/2013-05-19/obama-says-job-market-may-stall-due-to-budget-cuts.html

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