Obama: Republican 'doom And Despair Tour' Not Helping Economy

By Markets MarketWatch Pulse

President Barack Obama said Friday economic policy must be smart given the headwinds from overseas. In a brief appearance in the White House press room, Obama said his budget to be released on Tuesday will propose to increase spending on education, job training, and investments in clean energy. The president took a few shots at Republican presidential candidates, saying their "doom and despair tour plays in New Hampshire" isn't helping the economy and that their singular focus on cutting taxes on the wealthy won't magically make things better.

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