Monday, Dec 05, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Economy

Obama says manufacturing ‘bright spot’ in economic recovery

President touts Cordray’s consumer advocacy

COLUMBUS — President Barack Obama calls manufacturing a “bright spot” in the overall economic recovery that he says is moving more slowly than he’d like.

Obama told WBNS-TV of Columbus at the White House on Wednesday that, “We’ve actually seen more growth, faster in manufacturing than in the rest of the economy.” He pointed specifically to the auto industry, its importance in Ohio and the turnarounds at Chrysler and General Motors. He says the administration is investing in research that will lead to more manufacturing jobs in products for the 21st century.

Obama also touted former Ohio Attorney General Richard Cordray, his pick to direct a new consumer protection bureau, saying many Republicans in Ohio “complimented the job that he did as a balanced, thoughtful consumer advocate.”

Senate Republicans have said they want changes at the agency before confirming a director.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…