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Obama: US on road to recovery

08-04-2010 08:55 BJT

U.S. President Barack Obama says America is on the road to recovery thanks to his economic plan, which ensures new jobs and industries don't go to China and India.

He said that after nearly a decade of economic policies under the last administration, America was caught in the worst financial crisis since the Great Depression. And as a consequence, 8 million jobs were lost.

To change the situation, Obama says his presidency has put forward a new economic plan focusing on making the middle class more secure, and the country more competitive in the long run. The plan has guaranteed jobs and industries of the future aren't going to China and India, but are being created in America.

Editor:Xiong Qu |Source: CNTV.CN

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