Economics
Obama Pivots to Job Creation With Few Tools to Spur Growth
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President Barack Obama’s latest campaign for a jobs agenda faces Republican opposition in Congress and may offer limited potential for short-term employment growth even where partisan agreement is within reach.
In an Aug. 8 White House address on the Standard & Poor’s downgrade of the U.S. credit rating, Obama highlighted his renewed focus on employment, calling jobs and the economy “the most immediate concern of most Americans” and investors.