Tuesday, January 6, 2009

Obama says U.S. economy is very sick


Obama says U.S. economy is very sick
06-01-2009

U.S. President-elect, Barack Obama, has described the American economy as "very sick" and that the situation was getting worse. He said he expected the latest unemployment figures, due out on Friday, to be sobering. Mr Obama was speaking after talks with politicians in Washington to discuss ways to boost the economy and create new jobs. Mr Obama wants the U.S. Congress to approve an economic stimulus package worth about US$800 billion.

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