Obama: US economy needs an urgent shake

US President Barack Obama acknowledged that the US economy this year again staggered for a number of reasons, RIA Novosti reports.

"Our economy needs an urgent shallow. Problems in Europe can have very real consequences for our economy, and at the moment when it is already very fragile (...) people were more optimistic at the beginning of this year (...) But then, due to events in Libya, oil prices rose, which made buyers and businesses much to nervous, we did not help in Washington to correct the sites Improving the ceiling of the public debt, a struggle that no one was needed (...) if you take it all in the complex, there is no doubt that our economy is now weaker than it was at the beginning of the year, ”Obama said at a press conference on Thursday.

According to him, any economist who will evaluate the situation will say that in order to correct it, it is necessary to stimulate customer demand, maintain small business and fight unemployment.

“All these tasks are carried out by the bill to combat unemployment,” the US President emphasized. He again called on the congress to support the bill, and once again expressed bewilderment due to the fact that the Republicans do not want to support measures such as preserving tax benefits for the middle class and small businesses.

The American president also spoke on the topic of demonstrations that have been continuing on the streets of New York on September 17 under the name "Capture Wall Street!" According to Obama, they reflect the discontent of the US people with how the country's financial system functions.

"This movement reflects the fear of the Americans before the financial crisis ... Protesters are the voice of all those many people who are disappointed with how our financial system functions," Obama said.

On September 8, Barack Obama unveiled a new plan to combat unemployment, support for small businesses and stimulate the national economy. A document, the total volume of which in monetary terms is $ 447 billion, provides for a reduction in the tax burden on small businesses, supporting the unemployed and financing the modernization of infrastructure. Obama, presenting the plan, noted that his implementation would not entail an increase in budget deficit, and also asked parliamentarians to adopt the law without abbreviations and as quickly as possible. Speaking at a meeting with government members on Monday, the US President said that he was counting on the approval of the law by Congress until the end of October.