seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Thursday, May 13, 2010

Obama quadruples the deficit and blames the Republcans for it!

Obama counters Republican critics on jobs agenda

BUFFALO, New York (Reuters) – President Barack Obama defended his administration's economic recovery efforts on Thursday and accused Republicans of trying to block Democratic policies for political gain.

With public anxiety over the fragile economy threatening Obama's Democrats in November's congressional elections, he tried to turn the tables on Republican critics, accusing them of sitting on the sidelines last year when he was tackling the financial crisis.

Obama, speaking to factory workers in Buffalo, New York, made the case that his administration acted "boldly and quickly" to avert another Great Depression and move the country on the path to recovery.

Touting the latest government reports showing job growth for the fourth straight month, Obama argued that his efforts were working despite a 9.9 percent unemployment rate in April

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