Obama: world economy is volatile right now, U.S. is bright spot

BOSTON (Reuters) - U.S. President Barack Obama said on Monday the world economy was volatile at the moment and the U.S. economy was a bright spot in the mix.

Speaking at a Labor Day event in Boston, Obama warned Republicans that shutting down the federal government over a budget dispute would have negative economic consequences.

(Reporting by Jeff Mason; Editing by Frances Kerry)

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