31 Aug '11, 12am

The US economy has suffered a 'heart attack' but isn't recuperating quickly enough: Obama

The US economy has suffered a 'heart attack' but isn't recuperating quickly enough: Obama

US President Barack Obama on Tuesday said that the US economy had suffered a 'heart attack' and survived but is not recuperating quickly enough, as he geared up to unveil a major jobs plan. -- PHOTO: AFP WASHINGTON (AFP) - US President Barack Obama on Tuesday said that the US economy had suffered a 'heart attack' and survived but is not recuperating quickly enough, as he geared up to unveil a major jobs plan. Mr Obama appeared on the Tom Joyner Morning Show in what also appeared to be an effort to reach out to black voters following criticism by African American leaders that he has not sufficient courted their community. 'What we went through, was the worst financial crisis since the Great Depression, and typically after financial recessions, financial crises like this, it takes a long time for the patient to heal,' Mr Obama said. 'This is a situation where the economy ess...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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