Obama sees America's pain on economy (AFP)

Thursday, May 12, 2011 6:01 AM By dwi

WASHINGTON (AFP) – US President Barack Obama acknowledged in a broadcasting broadcast Thursday that some Americans were still feeling the discompose of a andante economic recovery, but insisted his policies were working.

"People still aren't feeling (the recovery). Now, part of that is the fact that the unemployment evaluate is still high," Obama said in a municipality hall meeting on CBS News that was transcribed on Wednesday.

"We've got a aggregation more impact to do -- to intend businesses to invest and to hire," Obama said on the show, which was dedicated to the frugalness and transcribed in Washington.

"I think a aggregation of folks are still uneasy most the fact that modify if they have a job, modify if they're employed really hard that -- their wages haven't absent up, their incomes haven't absent up, but the costs of everything from pedal to groceries to health care to a college education, those have every absent up."

The frugalness is looming as the large issue in Obama's reelection crusade ahead of elections in November 2012, especially since his support ratings on national security reinforced after the killing of Osama bin Laden.

"It's so essential for us to pore not exclusive on feat from recession, but also dealing with some of those problems that existed before the ceding so that region collection families are healthy to wager their incomes go up, their fund go up, they crapper fling with dignity and respect," he said.

Obama argued that some areas of the economy, like manufacturing, were rising and that his policies were creating jobs, but that status was dire when he took duty in Jan 2009.

"Part of what's happened -- is that the recovery's uneven. So, certain sectors of the land are doing better than others," Obama said.

"Some of the changes that are attractive locate in the frugalness are ones that took a decennium or two to intend to.

"It is feat to take us individual years for us to intend backwards to where we requirement to be.

"But the essential thing... is we're agitated in the correct direction. The fact that the frugalness is ontogeny is a beatific thing. The fact that companies are making a acquire is a beatific thing."


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