Obama finds reality of change is no quick fix on economy

September 9, 2010

President Barack Obama has come face-to-face with the reality of changeĀ (his campaign slogan) and found it is slow moving when the economy is involved.

OBAMA/“My analysis is that we came in with great excitement and people hoping that we could turn the corner really quickly. And we couldn’t,” Obama said in an interview with ABC’s “Good Morning America.”

“This is a hard set of problems that we’re facing. And so, folks have now seen a year and a half of unemployment above 9 percent. And long-term unemployment at record levels. And so, people are hurtin’ out there. And they’re anxious and they’re fearful,” he said.

Public opinion polls show that the economy is the top issue for Americans. And with less than two months left before the Nov. 2 congressional elections, Democrats are worried about losing their majority on Capitol Hill.

On whether he can save the Democrats from a catastrophic loss inĀ November, Obama spoke another reality.

“If the election is a referendum on, are people satisfied about the economy as it currently is, then we’re not going to do well. Because I think everybody feels like this economy needs to do better than it’s been doing,” he said.

It’s easier to speak change than show change, and the midterm elections in November will be an indicator of whether intent is enough.

Photo credit: Reuters/Larry Downing (Obama speaks about economy in Cleveland)

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/