The Presidential Planner: All Eyes On The Economy

Aug 5, 2011 8:01am

ABC News’ Mary Bruce (@marykbruce) reports:

The day after the markets tumbled – an unwelcome birthday gift for the president – all eyes are on the monthly jobs report out this morning.

The White House declined to comment on the market decline Thursday. “Markets go up and down,” White House Press Secretary Jay Carney told reporters in the daily briefing. “There's no question that…this economy has faced head winds this year, a variety of them, including the earthquake and tsunami in Japan, the increase in oil prices, energy prices that resulted from the unrest in Arab world and the situation in Europe.”

“Our focus has to be on the things that we can control, which is to take the necessary measures, you know, working with Congress, to ensure that our economy grows, that we create jobs,” Carney added.

President Obama will continue his jobs push this morning when he announces steps to help unemployed veterans get back to work in a speech at the Washington Navy Yard. The president will propose a new series of tax breaks for companies that hire wounded veterans and service members returning from combat. 

This afternoon the president will travel to Camp David, where he will spend the weekend.

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