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Obama: Jobs Bill Could Prevent Another Recession

"But if we don’t act, the opposite will be true – there will be fewer jobs and weaker growth."

President Barack Obama said his jobs bill could prevent another recession in the U.S., saying there will be "fewer jobs and weaker growth" if it is not passed.

“The challenges facing financial markets around the world could have very real effects on our own economy at a time when it’s already fragile,” Obama said during his weekly address Saturday. “But this jobs bill can help guard against another downturn here in America.”

"But if we don’t act, the opposite will be true – there will be fewer jobs and weaker growth," he continued.

The Obama administration has said repeatedly it doesn't think a "double-dip" recession is likely, though White House economic adviser Gene Sperling made similar remarks Friday, saying that without passage of the jobs bill the U.S. risks another downturn.

The president has been heavily promoting the near-$450 billion proposal since presenting it last month. The Senate is expected to vote on it Tuesday, and Obama implored constituents to make their voices heard in Washington, repeating his call to "pass this bill."

"I need you to remind these folks who they work for," Obama said. "And I need you to tell your senators to do the right thing by passing this jobs bill right away.”

Obama's address came one day after the release September's jobs report, in which the unemployment rate held at 9.1 percent for the third straight month.

One last thing…
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