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With budget deal over, Obama focuses on jobs

by Adam Russett on August 12, 2011

When Republicans and Democrats were sparring in Washington over whether or not to pass a budget that emphasized revenue and cuts, included just cuts, or just let the country default on its loans for the first time in history, ordinary people were still struggling to find jobs. In fact, there was a general distaste about the bickering that consumed the affair. 

Now that a budget agreement has been reached, it seems that a huge breath has been let out of both parties and they are going back to business as usual. President Barack Obama has tried to turn the spotlight on jobs, while Republican candidates are arguing that he's not doing enough for the economy.

For his part, Obama blames a broken political system on the glacial progress on any substantial issues.

"What we've seen in Washington the last few months has been the worst kind of partisanship, the worst kind of gridlock, and that gridlock has undermined public confidence and impeded our efforts to take the steps we need for our economy," he said, according to ABC News. "There are things we have to do to erase a legacy of debt that hangs over the economy. But time and again we've seen partisan brinksmanship get in the way, as if winning the next election is more important than fulfilling our responsibilities to you and to our country."

He added that there are measures being held up in the Republican Congress that could help spur job growth, serve as investments for infrastructure and even reform the patent system to help entrepreneurs.

The speech comes a week after ratings agency S&P downgraded the credit rating of the United States from AAA to AA+, pointing to the lack of traction in the current political environment.  

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