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Obama Says Economy is Moving Forward

U.S. President Barack Obama urged Americans Saturday to look beyond the frustrating political headlines to the "good things happening" in the economy.

Mr. Obama said in his weekly address businesses have created 7.8 million jobs in the past 44 months. He said another 200,000 went to work last month.

He also said since he has been in office the country's deficits have been cut in half, making it easier to invest in the things that create jobs, like education research and infrastructure.



President Obama noted that for the first time in nearly 20 years, America now produces more oil than it buys from other countries.

The president asked Americans to imagine how much further along the country could be if both parties worked together without what he called a "reckless few" holding the "economy hostage every few months" or wasting time on "dozens of votes to repeal the Affordable Care Act."

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People gather to browse through newspapers at a news stand in Abuja, Nigeria, Jan. 26, 2015.

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