U.S. government, businesses must meet responsbilities — Obama

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In his weekly address to the nation, U.S. President Barack Obama on Saturday called on the government and businesses to meet their mutual responsibilities to help the nation prosper.

“If we fulfill these obligations together, it benefits us all. Our workers will succeed. Our nation will prosper,” he said.

The White House has been promoting its push to support businesses, and generate more jobs, a central concern for voters.

Obama has been traveling around the country to tout initiatives including a program to increase the energy efficiency of commercial buildings and another to expand access to high-speed wireless.

“Our government has an obligation to make sure that America is the best place on Earth to do business – that we have the best schools, the best incentives to innovate, and the best infrastructure,” Obama stressed.

Earlier the Labor Department said U.S. employment rose by only 36,000 jobs in January, far fewer than economists had expected. But the jobless rate plummeted to 9.0 percent from 9.4 percent in December.

“This week, we received a report on jobs and unemployment that told us we’re continuing to move in the right direction,” Obama said. “But we need to get there faster”.

The Congressional Republicans weekly message also centered on the economy with Representative Jeb Hensarling criticizing President Obama’s proposed job creation initiatives as a spending spree at a time of a growing deficit.

KUNA

KUNA is the Kuwait News Agency

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