President says he doesn't expect another recession

McClatchy News Service

WASHINGTON — President Barack Obama insisted the U.S. was not in danger of falling into another recession, but acknowledged in a televised interview aired Sunday that his re-election would hinge on the economy.

In the interview with CBS News taped last week — after a Gallup poll found that just 26 percent approved of the way the president's handling the economy — Obama said: "I'm the president of the United States, and when people aren't happy with what's happening in Washington ... I'm going to be impacted just like Congress is. And you know, I completely understand that and we expected that."

He blamed voters' frustration and the recent stock market turmoil on an economy that's "not growing fast enough."

As Obama toured the rural Midwest last week, he seemed to be in campaign mode, daring Republicans to block his upcoming jobs package and calling on voters to "send a message to folks in Washington." He pledged to send the jobs proposal to Congress and to campaign against lawmakers if they refused to pass it.

But in the interview, Obama acknowledged that voters could blame everyone in Washington — including him.

"And 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," he said. He added that he expected "to be judged a year from now on whether or not things have continued to get better."

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