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Obama On Bad Economy: "We Didn't Create The Condition"

"We didn't create the condition. We haven't solved it fully yet because it was three decades in the making," President Obama said about the economy in an interview with WVEC-TV.

Obama also blames "automation" for a continuing poor economy.

"I mean, if you look at the trend lines, essentially what’s happened is that because of automation, because of globalization. You had a lot of manufacturing move out of the United States," Obama told WVEC-TV's David Alan.

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