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Obama On Bad Economy: "I'm Less Interested In Allocating Blame"

WCCO-TV of Minnesota, one of the several local news stations to interview the president, asked Obama when it is time for him to start blaming himself for economic woes. Relevant transcript below:

WCCO-TV correspondent: "When I finally did have a chance to talk to President Obama one-on-one, I asked him at what point does the economy become his fault and not his predecessor's?"

President Barack Obama: "It's always my responsibility. I'm less interested in allocating blame then just making sure that we're taking every step we need to, to move the economy forward. And, you know, traditionally after big financial crises like this the economy takes a longer time to heal and we've seen some progress. In the private sector, we've seen over two million jobs created and this year alone, over a million jobs created. But, it's just not enough yet to have an impact on everybody who needs help out there."

Obama was also asked the quintessential question that every president gets when he is running for reelection: "Are we better off now than we were four years ago?"

"Well, you know, I think we are better off now than we would have been if I hadn't taken all the steps that we took," a hesitant Obama said. "I don't think the country is stronger yet then it was when the economy was still booming and we didn't have Wall Street crisis, and we didn't have the housing bubble burst. But, we've made steady progress, we just need to make more."

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