Obama urges ending political logjam, bolstering job creation

WASHINGTON, July 30 (Xinhua)-- U.S. President Barack Obama on Tuesday proposed a policy framework to help break through the political logjam in Washington and spur job creation in the nation.

During his latest speech focusing on economy in Chattanooga, U. S. state of Tennessee, Obama stressed U.S. policymakers should secure a better bargain for the middle class -- a national strategy to make sure everyone who works hard has a chance to succeed in the 21st century economy.

"Over the past four and a half years, we've been fighting our way back from a devastating recession that cost millions of Americans their jobs, their homes, and their savings -- a recession that laid bare the long erosion of middle-class security, " he said.

"But as any middle-class family will tell you, we're not where we need to be yet. Even before the crisis hit, we were living through a decade where a few at the top were doing better and better, while most families were working harder and harder just to get by," Obama stressed.

Reversing this trend must be Washington's highest priority, said Obama, adding that policymakers should endeavor to achieve a "grand bargain" for creating middle-class jobs.