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  • Obama stands by 'Recovery Summer'-will be offering a new package of ideas on the economy next week

    09/04/2010 10:32:34 AM PDT · by Qbert · 132 replies
    The Hill ^ | 9/3/2010 | Jordan Fabian
    President Obama on Friday said he has no regrets about describing the last three months as the "Recovery Summer." "I don't regret the notion that we are moving forward because of the steps that we have taken," Obama said in response to a question after he offered comments on the latest unemployment figures.  The administration described the summer of 2010 as "recovery summer" because a large amount of the 2009 stimulus package was being spent over the summer. But job growth slowed dramatically over the summer amid concerns the economy was moving into a double-dip recession, and Republicans have made...