×

Obama: The political climate is tense, but there is 'a hope for the future' of the economy

President Barack Obama contemplates the State of the Union in the Oval Office.
Getty Images
President Barack Obama contemplates the State of the Union in the Oval Office.

In a piece published by "The Economist," President Barack Obama writes that the current political climate is tense, but there is "a hope for the future" when it comes to economic growth.

Obama shared his thoughts on the current state of the economy in the United States in light of growing concerns.

The piece in "The Economist" highlights the complexities of capitalism in today's society — what Obama describes as a "paradox of progress and peril that has been decades in the making."

This article comes only days before the much anticipated second presidential debate between Democratic candidate Hillary Clinton and Republican candidate Donald Trump.

Read more about Obama's opinion on the economy in this report in "The Economist."