DETROIT (Reuters) - President Barack Obama said on Friday he welcomed news that the U.S. economy grew by 2.4 percent in the second quarter, but said more work was needed to increase that growth rate and generate jobs.
"This morning we learned that our economy grew by 2.4 percent in the second quarter of the year, so that means it's now been growing again for one full year," Obama said at a Chrysler plant.
"We've got to keep on increasing that rate of growth and keep on adding jobs so we can move forward," he said.
A stall campaign has sidetracked so many of the nominations by President Obama for judgeships that he has put fewer people on the bench than any president since Nixon.
A federal judge on Wednesday rejected the government's request to dismiss an industry lawsuit challenging its deepwater oil and gas drilling moratorium.
Gasoline misers like the Toyota Prius would get an 'A-' while muscle cars -- including the Ferrari 612 -- would get a 'D' under a labeling program proposed by Obama administration.
E-Mail
Print
