HERMANN MISSOURI OKTOBERFEST 2010

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Monday, November 8, 2010

Obama Surprised by Political Cost of Health Care Law...

WASHINGTON -- President Barack Obama says the political cost of overhauling the health care system turned out to be higher than he had expected. And he admits that he gets discouraged at times when dealing with the economy.

Obama also said that the danger of a second major recession is "much reduced" and a great depression is not on the horizon. Still a danger, he said, is the nation being "stuck in a new normal where unemployment rates stay high."
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