He defended early and expensive actions to save the economy, but acknowledged that he had underestimated public anger over the economy despite the official end of recession.
"The worst of the storm has passed, but the devastation remains. One in 10 Americans still cannot find work, many businesses have shuttered and home values have declined," he said.
He continued: "I campaigned on the promise of change - change we can believe in, the slogan went. And right now, I know there are many Americans who aren't sure if they still believe we can change, or that I can deliver it."Read More »
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