Obama: No fears of double-dip recession (AP) – 1898th Edition

8 06 2011

President Barack Obama and German Chancellor Angela Merkel take part in a joint news conference in the East Room at the White House in Washington, Tuesday, June 7, 2011. (AP Photo/Charles Dharapak)AP – President Barack Obama insisted Tuesday that the country is not at risk of slipping into a double-dip recession, but he conceded he does not know whether a sudden slowdown in job growth is a blip or an indication of a longer, more worrisome trend. The president said the nation is on a solid but uneven path to recovery and the key is to “not panic.”

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