Obama says choices now will govern future economy

Obama says a better, fairer economy is possible but requires action, cooperation now

Associated Press
Obama says choices now will govern future economy
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President Barack Obama give the thumbs up as walks from Marine One the the White House, Friday, July 26, 2013, in Washington, as he arrives after spending the day at Camp David with members of his cabinet and their families. (AP Photo/Carolyn Kaster)

WASHINGTON (AP) -- President Barack Obama says Washington's top priority must be to reverse trends like economic inequality, weakened middle-class security and global competition. He says Washington has lost focus on the economy.

In his weekly Internet and radio address, Obama is pressing economic ideas he's been promoting in an ongoing series of speeches. He wants better access to education, home ownership, health care and secure retirement.

He says that he'll listen to good ideas from either party but that Republicans are threatening to take the nation in the wrong direction.

In the Republican address, House Majority Leader Eric Cantor of Virginia says Republicans will focus this week on government abuse, such as intrusive regulations and red tape that he says threaten Americans' paychecks and civil liberties.

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Online:

Obama address: www.whitehouse.gov

GOP address: www.gop.gov

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