Recession has left huge hole: Obama | Bangkok Post: breakingnews

US President Barack Obama said Friday the "hole" left by the worst recession in decades was "huge" and admitted the recovery had been "painfully slow," but vowed his policies were working.

US President Barack Obama, seen here addressing the press at the White House, said Friday the "hole" left by the worst recession in decades was "huge" and admitted the recovery had been "painfully slow," but vowed his policies were working.

Obama appeared at a White House news conference designed to showcase his recovery plans and shore up his political standing ahead of November's mid-term elections in which his Democrats face a Republican wave.