With the Recession Over but Recovery Still Slow, What Does President Obama Need to Do Now?
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Sept. 22, 2010— -- The recession officially ended in June 2009, according to the National Bureau of Economic Research, but the American people are clearly still struggling with an economy that has been slow to recover.
The White House's economic team is in the news with the announcement that Larry Summers will soon leave his position as head of the National Economic Council. He's the latest of President Obama's economic advisers to depart, joining Christine Romer, the former chairwoman of the Council of Economic Advisors and Peter Orszag, director of the Office of Management and Budget.
Concerns over the nation's economy remain the central issue in the coming midterm elections.
"The hole was so deep that a lot of people out there are still hurting," Obama said at a town hall meeting Monday.
The president argues that his economic policies are moving the country in the right direction, but not all Americans agree. Forty-one percent of Americans in the last ABC News/Washington Post poll said they approved of the president's handling of the economy.
Our question to you today: With the recession over but recovery still slow, what does President Obama need to do now?
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