April 23rd, 2011
02:22 PM ET

Weekly addresses highlight bipartisan disagreement on job creation

From CNN's Rebecca Stewart

WASHINGTON (CNN) – President Barack Obama recognized the economic strain caused by soaring gas prices and stressed the importance of clean energy initiatives to reduce America's dependence on oil in the weekly address Saturday.

"Even if you haven't faced a job loss, it's still not easy out there," he said.

Obama added that despite rising costs, paychecks are not getting any bigger.

"There's no silver bullet that can bring gas prices down right away," he said.

Obama offered solutions including the "safe and responsible production of oil at home," and discussed a task force launched Thursday by Attorney General Eric Holder that has the mission of "rooting out cases of fraud or manipulation in the oil markets that might affect gas prices, including any illegal activity by traders and speculators."

For the full story, click on the political ticker.

Topics: Economy • President Obama • Weekly Address

soundoff (10 Responses)
  1. Liz Carter in Georgia

    Oh! Of course, after all the railing and screaming at Pres Obama about 'get us some jobs'!; 'where are the jobs'? Once again he puts out a plan to initiate job creation while reducing the deficit, by rooting out oil speculation and manipulation fraud in the markets, as well as implementing safe and responsible oil production at home; I knew there'd be a greedy voice crying from the corrupted wilderness that government can't make jobs! It needs to focus on reducing the deficit; also burdensome regulations!!

    April 23, 2011 at 7:09 pm |
  2. Jay in NC

    But Barry, you said you wold lower the price of gas and change Wall-Street so speculators could manipulate the market. Just more broken promises. Is that why you need the billion dollars to get re-elected?

    April 23, 2011 at 7:32 pm |
  3. Liz Carter in Georgia

    These people aren't interested in jobs for the AMERICAN people! Theyre fakes! The GOP and they are interested in nothing but their own bank accounts! That's why they don't want anything regulated! Exp: FREDDIE & FANNIE? Whenever they've questioned about it, they're so glad to blame the whole thing on the DEMOCRATS and Barney Frank, but Bush was the President! He could've vetoed it! Like they blame OBAMA for everything that has not happened or come to fruition yet, I blame Bush/Cheney and the Republicans!

    April 23, 2011 at 8:08 pm |
  4. Jay in NC

    President Bush could have vetoed what? Name the law that you say caused the problems.

    April 24, 2011 at 12:18 pm |
  5. Liz Carter in Georgia

    There's no 'law' enforcing deregulation; at least not attached to the Constitution! That is the LAW! To change, include to, or add to it, the PRESIDENT would need to sign into law an 'amendment' or VETOE it! This Provision or Authorizational Memo to deregulate was not attached to the Constitution, I'm sure. Since I'm not a senator or a representative; not in WASHINGTON anyway, all I was saying is, it was BUSH who signed off on it, no matter who was in the majority! Republicans were happiest! GETTIN' PAID!

    April 24, 2011 at 5:17 pm |
    • Jay in NC

      You said, "He could've vetoed it!" And I ask vetoed what? Name the bill, name the law. You Liberals will spew a lot of hate but never back up with facts. Same old stuff, hate, lies and more hate. Name the law so we can have a real discussion.

      April 24, 2011 at 5:42 pm |
  6. Liz Carter in Georgia

    I give my opinions on this blog like you and everybody else does; and I know I don't owe you any answers, although I've always tried to reciprocate, whether you liked my answers or not! Usually you didn't like the truth; you liked 'facts'! Now, you've told me I was harrassing you, to stop talking to you, no more questions; and that's exactly what I've been doing! However, I WILL be blogging in general and making my comments to others as I please, and as they respond to me. So I expect the same from you.

    April 24, 2011 at 5:45 pm |
    • Jay in NC

      And I will be here pointing out every racist, bigoted, lie you tell.

      April 24, 2011 at 5:57 pm |
  7. Tol Trunks

    Engery needs to be addressed more realistically. Oil will be unaffordable and nuclear is absurd to think of given current crisises. Electricity will go to near unaffordable August 15th. Begin to save and store burnable fuel. Start to save whatever you can. 2-3-2012.

    April 25, 2011 at 12:06 am |
  8. Liz Carter in Georgia

    OK! I don't lie about that. I have lived it, so YOU are in denial like all the rest, but go right ahead! We'll see who wins! In the 'end of days'!

    April 25, 2011 at 10:46 pm |