Court 'moved ball' on racial hiring, Obama says - Yahoo! FinanceToo many jobs lost, Obama says in AP interview
WASHINGTON (AP) -- With joblessness rising, President Barack Obama said Thursday he was "deeply concerned" about unemployment and conceded that too many families are worried about "whether they will be next" to suffer economically.
In a White House interview with The Associated Press, Obama said that since he took office, "we have successfully stabilized the financial markets," and "started to see some stabilization on housing."
"But what we are still seeing is too many jobs lost," said Obama, commenting after new government figures showed the unemployment rate had risen to 9.5 percent last month
An ASTOUNDING observation, one that could only be made by someone with The Obama's supreme mental prowess.
So... what are you going to DO about it?
Spend more money?
Run up more deficits?
Print more money?
Further nationalize the auto industry?
Further nationalize the banking/financial industries?