VINEYARD HAVEN, Massachusetts — US President Barack Obama admitted in an interview aired on Sunday that Americans struggling to find work were not satisfied with his claim to have rescued the US economy.
“You’ve got an unemployment rate that is still too high, an economy that’s not growing’ fast enough,” Obama said in an interview with CBS News taped during his economic-themed bus tour of three states last week.
“For me to argue, look, we’ve actually made the right decisions, things would have been much worse had we not made those decisions, that’s not that satisfying if you don’t have a job right now.
“And I understand that and I expect to be judged a year from now on whether or not things have continued to get better,” Obama said, referring to his unfolding 2012 reelection bid.
The president dismissed fears of a second recession which have caused stock markets to plunge in recent days, but argued that outside factors like the European debt crisis, Japan’s tsunami and the Arab spring had hit economic growth.
“I don’t think we’re in danger of another recession, but we are in danger of not having a recovery that’s fast enough to deal with what is a genuine unemployment crisis for a whole lot of folks out there — and that’s why we need to be doing’ more,” he said.
Hardening his tone, Obama has accused Republicans of blocking his plans to create jobs and revive the economic recovery, and of putting their own political gain ahead of their nation’s needs.
Currently on vacation on Martha’s Vineyard, a well-heeled resort island off Massachusetts, Obama has promised to unveil a major jobs and deficit-cutting program in September, when lawmakers return to Washington.