Political Buzz June 8, 2012: President Barack Obama Press Conference: Obama Presses Congress to Pass his Jobs Proposal — Urges European Leaders to Fix Economic Crisis

POLITICAL BUZZ

By Bonnie K. Goodman

Ms. Goodman is the Editor of History Musings. She has a BA in History & Art History & a Masters in Library and Information Studies from McGill University, and has done graduate work in history at Concordia University. Ms. Goodman has also contributed the overviews, and chronologies in History of American Presidential Elections, 1789-2008, 4th edition, edited by Gil Troy, Fred L. Israel, and Arthur Meier Schlesinger published by Facts on File, Inc. in 2011.

OBAMA PRESIDENCY & THE 112TH CONGRESS:

President Barack Obama pauses while speaking in the White House Press Briefing Room in Washington, June 8, 2012. | Reuters

The bully pulpit is really the only source of leverage the president has. | Reuters

 IN FOCUS: PRESIDENT OBAMA PRESS CONFERENCE: OBAMA PRESSES CONGRESS TO PASS HIS JOBS PROPOSAL — URGES EUROPEAN LEADERS TO FIX ECONOMIC CRISIS

Obama Calls for Aid to States, Says ‘Private Sector Doing Fine’: Amid fresh concerns about the durability of the U.S. economic recovery and the threat of financial shocks from Europe’s debt crisis, President Obama today urged lawmakers to send more federal aid to states and localities to boost hiring, asserting “the private sector is doing fine.”
“We’ve created 4.3 million new jobs over the last 27 months, over 800,00 just this year alone. The private sector is doing fine,” Obama said during a morning news conference in the White House briefing room.
“Where we’re seeing weaknesses in our economy has to do with state and local government. Often times, cuts initiated by governors or mayors who are not getting the kind of help that they had in the past from the federal government. And they don’t have the same kind of flexibility as the federal government does in dealing with fewer revenues coming in,” he said…. – ABC News Radio, 6-8-12

  • President Obama prods European leaders to work on economy: Europe’s economic crisis could send shock waves roaring across the Atlantic that would drag down the fragile US economy and threaten President Barack Obama’s hopes for a second term. The president demonstrated Friday just how deeply he’s…. – San Jose Mercury News, 6-8-12
  • Obama news conference signals rising concern about economy: President Obama on Friday prodded European leaders to take further steps to stabilize their financial system while urging Congress to act on his jobs proposals at home, twin moves that signaled rising concern in his administration about…. – LAT, 6-8-12
  • Obama hits Republicans for lack of action on jobs: President Obama urged Congress to take steps to boost the economy and called on Republican lawmakers to explain why they are not taking action if they don’t…. – CBS News, 6-8-12
  • Obama tells Congress, European leaders to improve the economy, avert a crisis: President Obama on Friday put the country’s economic problems on the shoulders of Republicans in Congress, saying their failure to pass his entire jobs bill is keeps Americans out of work. “If Republicans want to be helpful … they should be asking…. – Fox News, 6-8-12
  • Obama: Congress has ‘no excuse’ not to pass jobs agenda: Facing a slowdown in the US economy, President Obama on Friday tried to inject new momentum behind his jobs agenda, declaring that Congress has “no excuse” not to support his proposals aimed at putting more Americans back to work…. – WaPo, 6-8-12
  • Romney: Obama’s private sector remark ‘out of touch’: Presumptive GOP nominee Mitt Romney seized on President Obama’s comments today about the state of the private sector during a speech in Iowa calling the president’s remarks “out of touch.” “He said the private sector is doing fine.”… – USA Today, 6-8-12
  • Mitt Romney pounces on Obama saying private sector ‘doing fine’: Mitt Romney hit back at President Obama’s comments Friday morning that the private sector was “doing fine,” with the GOP nominee saying it was evidence that the president does not understand the economy nor the financial struggles facing Americans…. – LAT, 6-8-12
  • Obama: Congress, Europe must stem economic crisis: The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the US recovery. He simultaneously urged Europe’s leaders…. – AP, 6-8-12
  • Obama uses bully pulpit to talk economy: MSNBC’s Thomas Roberts talks to Melissa Harris-Perry, host of MSNBC’s Melissa Harris-Perry show, about President Barack Obama’s remarks about the economy and Congress’ not approving his entire jobs plan…. – msnbc.com, 6-8-12
  • Obama: Europe Must Act as Crisis Puts Drag on Recovery: Play Obama: Congress Must Act on Economic Growth President Barack Obama pressed Europe’s leaders to take “decisive” action to stimulate growth while dealing with debt, saying the euro-zone crisis is putting a serious drag on the US economy…. – Bloomberg, 6-8-12
  • Obama Urges Europe to Act Decisively: President Barack Obama on Friday said the euro zone needs to take decisive steps to inject capital into its weak banks and deepen collaboration on its financial system and budgets to stem the financial crisis…. – WSJ, 6-8-12
  • Obama to speak on state of US economy, Europe’s woes as re-election campaign: President Barack Obama will address the state of the economy, including the debt crisis in Europe that’s become a drag on the US, in remarks at the White House Friday. The president will also call on Congress to pass proposals that he says…. – WaPo, 6-8-12
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