Economy

President Sides with Jobs over Deficit

President Obama remembers 1937:

President Barack Obama on Thursday disputed the notion that he is overly concerned about the budget deficit -- and as a result, is under-reacting to the jobs crisis.

Obama said he believes that the best way to reduce the deficit is through economic growth, and that by contrast, cutting back on government stimulus too early could stifle the recovery.

Phew! Bring on the jobs bill. Let's go!