Wednesday, 14 March 2012

Obama: Time of crisis can be 'great opportunity'

Trying to buck up a dispirited nation, President Barack Obama on Saturday promised that prosperous days will return and cast these bleak times as nothing less than a "great opportunity." Packing some heft with his hope, he defended his fast-moving and expensive agenda.

"We will get through this," Obama said in his weekly radio and video address, taped Friday after another week of downbeat news.

The unemployment rate climbed to 8.1 percent, the highest in more than 25 years. Stock values kept tumbling, down to their lowest levels since 1997. The latest Gallup polling finds that an anemic 20 percent of people in the United States are satisfied …

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