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November 24, 2009

Obama Addresses Unemployment Crisis
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In economic news, President Barack Obama said Monday that his top
priority was to tackle the nation’s unemployment rate which recently
topped 10 percent. The president spoke after holding a cabinet meeting.

President Obama: "Our economy is growing again for the first time in
more than a year and we know that economic growth is a prerequisite for
job growth, but having said that, what I emphasized today is we cannot
sit back and be satisfied, given the extraordinarily high unemployment
levels that we’ve seen. We have only taken the first step in curing our
economy and making sure that it is on the right track and I will not
rest until businesses are investing again and businesses are hiring
again and people have work again.”



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