President Obama Issues a Call to Action for U.S. Congress

The video discusses the need for economic growth in lagging regions like Europe, Japan, and China, and highlights the importance of strengthening positive trends in the U.S. economy. It advocates for infrastructure investment to create jobs and boost the economy, raising the minimum wage to increase consumer spending, and passing smart trade agreements to level the playing field for American workers. Additionally, it calls for tax code reform to close loopholes and ensure everyone pays their fair share, which would promote growth and job creation.

Which regions are mentioned as experiencing slow economic growth?

• Australia and New Zealand

• Europe, Japan, and China

• India and Russia

• Africa and South America

What is one proposed solution to create jobs and boost the economy in the United States?

• Increasing taxes on small businesses

• Investing in infrastructure

• Reducing healthcare spending

• Cutting education budgets

How would raising the minimum wage benefit the economy?

• It would reduce the number of jobs available

• It would decrease consumer spending

• It would lead to higher unemployment

• It would boost business by increasing consumer spending

What is a key component of the proposed tax code reform?

• Closing wasteful loopholes

• Eliminating all taxes

• Raising taxes on middle-class families

• Increasing corporate tax rates

Why is closing tax loopholes important for the economy?

• It increases the tax burden on middle-class families

• It ensures everyone pays their fair share and boosts confidence in the system

• It allows wealthy individuals to pay less tax

• It reduces government revenue