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Creating New Jobs Remains A Challenge: Obama

PTI 30 Aug 2011, 8:27:25 IST

Washington, Aug 30 : US President Barack Obama today underlined the need to boost economic growth so that more jobs are created, as he nominated a Princeton University economist as his top adviser.

“Our great ongoing challenge as a nation remains how to get this economy growing faster,” Obama said at the White House as he nominated Alan B Krueger as chairman of the Council of Economic Advisers (CEA), which is a three-member body to advise the president on economic matters. “Our challenge is to create a climate where more businesses can post job listings, where folks can find good work that relieves the financial burden they're feeling, where families can regain a sense of economic security in their lives,” Obama said.

He underlined the need for bipartisan decision making, saying it was time for “decisions based on what's best for the country, not what's best for any political party or special interest.”

“That's how we'll get through this period of economic uncertainty, and that's the only way that we'll be able to do what's necessary to grow the economy,” Obama said. Obama said next week he will be laying out a series of steps that Congress can take immediately to put more money in the pockets of working families and middle-class families, to make it easier for small businesses to hire people, to put construction crews to work rebuilding nation's roads and railways and airports and all the other measures that can help to grow this economy.

He emphasised that these were bipartisan ideas that ought to be the kind of proposals that everybody can get behind, no matter what political affiliation one might have. “So my hope and expectation is that we can put country before party and get something done for the American people.That's what I'll be fighting for. And we've got to have a good team to do it,” Obama said. PTI