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Obama promises to restore the American Dream

February 11, 2009

Continuing to sound alarmist on the current economic situation in the country, US President Barack Obama Tuesday said the United States is in a 'perfect storm' of financial problems.

'We are in a perfect storm of financial problems. So, this is a big, difficult situation,' Obama told the ABC news channel in an interview.

Text: Lalit K Jha in Washington, PTI

Image: U.S. President Barack Obama speaks on the economy during a town hall meeting in Fort Myers, Florida, February 10, 2009. | Photograph: Jason Reed/Reuters

Also read: 4 million jobs will kickstart US economy: Obama
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