AP/ March 15, 2013, 8:47 PM

White House: Economy mending, challenges remain

President Barack Obama speaks at Argonne National Laboratory in Argonne, Ill., Friday, March 15, 2013.

President Barack Obama speaks at Argonne National Laboratory in Argonne, Ill., Friday, March 15, 2013. / AP Photo/M. Spencer Green

WASHINGTON The White House says the economy is mending, though it remains vulnerable and faces increasing long-term challenges from an aging population.

The annual Economic Report of the President portrays an economy that "unquestionably stands on firmer ground" than when he assumed office in 2009, but says the aftereffects of the recession still linger.

In the report, President Barack Obama says that though the economy is adding jobs, too many Americans still can't find full-time employment.

The report gives a sober assessment of an aging population, noting that the only major age group that will grow faster over the next 30 years than it did during the last 60 years is people aged 65 and up. An older America means greater demands on government services, a smaller workforce and less household consumption.

© 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
25 Comments Add a Comment
linkicon reporticon emailicon
GOP-R--Con-Men says:
I suggest you hateful heartless right wing republican heathens watch the documentary AMERICAN WINTER tonight at 9 ET on HBO. Maybe just maybe you will become more empathetic toward others
reply
linkicon reporticon emailicon
tsigili says:
More Obama lies and deception.

The man NEVER tells the truth, about anything.
reply
GOP-R--Con-Men replies:
linkicon reporticon emailicon
Classic projection from a rabid supporter of lying Ryan, Romney The Robot and the rest of the lying republican party.
linkicon reporticon emailicon
535Clownsplusone says:
A lot of quotes extracted from media sources on here (FOX, MSNBC, HP)and then touted as fact. Too funny!
reply
GOP-R--Con-Men replies:
linkicon reporticon emailicon
Of the three which organizations facts is most likely to be wrong or propaganda? Hint: it's a animal hunted for it's pelt.
linkicon reporticon emailicon
24lomas says:
Hey Obama you are destroying our country with your obama care and your illegal aliens. We will be happy without you in 2016.
reply
linkicon reporticon emailicon
whaas2 says:
According to an Obama adminiatration report regarding the stimulus, unemployment has been significantly worse than if no stimulus had ever been passed. Without conditions to include any action of congres, the President promised to cut the deficit in half by the end of his first term. He never came close to doing that. From his campaign economic plan, it is the Presidents goal for the federal government to start posting a surplus by 2015. The President's own White House is predicting that at best the President will not achieve his goal and that the federal government will continue to post huge deficits for at least another decade. According to Obama all of this deficit shows a lack of leadership and is unpatriotic. The President needs to provide a detailed financial plan to achieve his goal. AS the federal governmets CEO the President needs to provide a plan for paying back all of the federal government's debts. The tax payers have a right to know how mush all of this federal government borrowing is costing them.
reply
linkicon reporticon emailicon
IAM4H0NESTY says:
RepubliCon_Liar_RobMe and GOP-R--Con-Men keep up the maniacal ranting. It's making a huge difference.
reply
iam4honesty replies:
linkicon reporticon emailicon
Isn't that cute... a re tar ded little TeaBagger figured out that he can steal someone's screen name by replacing the letter 'O' with a zero.

Get a life psycho!
linkicon reporticon emailicon
NotJimmyDean says:
That's still to be seen and proven and besides if it is barely improving it has nothing to do with anything Obama and the Democrats have done.
Just name on thing they have done besides been part of the gridlock in D.C.
If the economy is improving a bit, the credit goes the American people in a country adrift own it's own.
Name one thing Obama has done to improve the economy.
Nada!
reply
linkicon reporticon emailicon
luadda22 says:
GOP-Economic-Terror replies: The 2007-2012 global financial crisis, also known as the Global Financial Crisis, etc, etc, etc..............
---------------------------------------------------------------------

Can't you post anything orginal??? Must everything be copy/paste?
reply
GOP-R--Con-Men replies:
linkicon reporticon emailicon
So copy and paste makes facts no longer true, LUADDA22?
linkicon reporticon emailicon
PophamSmith says:
Thank you UID-ZERO.
We must never forget that liberalism is tantamount
to giving ignorance a political voice, and GOP--CON-MEN
takes first prize here.
reply
GOP-R--Con-Men replies:
linkicon reporticon emailicon
Republicans express the worst kind of ignorance in which they are proud of it. No wonder dimwits like Sarah Palin, Louie Gohmert, Michelle Bachmann, Jim Demented are but a few of their heroes.
linkicon reporticon emailicon
PophamSmith says:
The undertone of Mr. Obama's remarks here clearly enunciate one of
the main tenets of Obamacare, which is to allow the older generation
to die off as quickly as possible.....so as to keep costs down of course.
How special....to let the very people who worked so hard to allow us all
to get where we are today, just fall by the wayside as a useless segment
of our population.
We need a new president of the United States........soon.
reply
See all 25 Comments