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  • Obama: More 'Hard Days' Ahead for US Economy

    07/09/2010 8:18:01 AM PDT · by Qbert · 68 replies
    Reuters via CNBC ^ | 7/8/2010 | Reuters
    The U.S. economy is moving toward recovery but more "hard days" lie ahead, President Obama said on Thursday. "We've got a long way to go,'' Obama said at a Kansas City electric car factory. "But what is absolutely clear is that we are headed in the right direction — and that the surest way out of these storms we've been in is to keep moving forward, not back." Obama defended his handling of the U.S. economy he went on a two-day campaign swing for fellow Democrats before November's congressional elections. Obama has come under fire for bank and auto bailouts...