Economy coming around slowly but surely: Obama

President Barack Obama has returned to the comfort of backyard politics, assuring a polite gathering of middle-class neighbours in the struggling Midwestern state of Ohio that the economy is coming around “slowly but surely”.

Obama, on a tour to raise money for Democratic candidates in the November elections, focused his talk on Wednesday on the economy, with unemployment at 9.5 per cent nationally.

Obama took questions about how to bring manufacturing jobs back to the US, how to breathe life into the sagging housing market and how the mammoth health care law he signed will provide real help to people.

Obama said of the economy: “Slowly but surely we are moving in the right direction. We’re on the right track.”

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