WASHINGTON. Some business groups, upset about budget and regulatory policies they say are costing jobs, are accusing President Barack Obama of pursuing an agenda that is hurting the U.S. economic recovery.

 

The criticism comes amid a tepid pace of private-sector job creation and the White House is responding by saying a lack of regulations triggered the economic crisis and that a balance is needed to protect Americans.

 

The issue could give Republicans a potent weapon in the November elections.