Barack Obama: 2014 'a breakthrough year for US'
telegraph
2014-02-15
Views 98
President Barack Obama says at his annual year-end news conference that 2014 "can be a breakthrough year for America" after a long era of recession and slow recovery
Praising Congress for a recent, relatively modest budget compromise, President Obama said: "It's probably too early to declare an outbreak of bipartisanship. But it's also fair to say we're not condemned to endless gridlock."
Asked if this year had been the worst of his presidency so far, he laughed and said, "That's not how I think about it."
Mr Obama's polls are at or near the low point of his tenure in the White House.
"If you're measuring this by polls, my polls have gone up and down a lot over the course of my career," he said, and then repeated that the economy was finally showing significant progress.
The president fielded questions a few hours after the government announced the economy grew at a solid 4.1 per cent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously believed.
Much of the upward revision came from stronger consumer spending at a time when unemployment is at a five-year low of 7 per cent.
Source: APTN
Get the latest headlines http://www.telegraph.co.uk/
Subscribe to The Telegraph http://www.youtube.com/subscription_center?add_user=telegraphtv
Like us on Facebook http://www.facebook.com/telegraph.co.uk
Follow us on Twitter https://twitter.com/telegraph
Follow us on Google+ https://plus.google.com/102891355072777008500/
Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Daily Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
Praising Congress for a recent, relatively modest budget compromise, President Obama said: "It's probably too early to declare an outbreak of bipartisanship. But it's also fair to say we're not condemned to endless gridlock."
Asked if this year had been the worst of his presidency so far, he laughed and said, "That's not how I think about it."
Mr Obama's polls are at or near the low point of his tenure in the White House.
"If you're measuring this by polls, my polls have gone up and down a lot over the course of my career," he said, and then repeated that the economy was finally showing significant progress.
The president fielded questions a few hours after the government announced the economy grew at a solid 4.1 per cent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously believed.
Much of the upward revision came from stronger consumer spending at a time when unemployment is at a five-year low of 7 per cent.
Source: APTN
Get the latest headlines http://www.telegraph.co.uk/
Subscribe to The Telegraph http://www.youtube.com/subscription_center?add_user=telegraphtv
Like us on Facebook http://www.facebook.com/telegraph.co.uk
Follow us on Twitter https://twitter.com/telegraph
Follow us on Google+ https://plus.google.com/102891355072777008500/
Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Daily Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
Report form
RELATED VIDEOS
