Earlier today President Obama hosted a Twitter Town Hall on the economy and jobs. Twitter users submitted their questions via the #AskObama hashtag and the president responded during a live broadcast. If you were unable to watch the live event, the video is now available on the White House website.
The first question was about the recession, specifically what President Obama would have done differently in handling it.
"I think that — probably two things that I would do differently. One would have been to explain to the American people that it was going to take a while for us to get out of this. I think even I did not realize the magnitude, because most economists didn’t realize the magnitude, of the recession until fairly far into it, maybe two or three months into my presidency where we started realizing that we had lost 4 million jobs before I was even sworn in." Source: The White House
The second part of Obama’s answer focused on the housing market and how a different approach to the problem would have had a greater positive impact on the economy.
Other questions asked during the event focused on the nation’s deficit, the debt ceiling and even a question from Speaker of the House John Boehner on job creation.
Photo: Rosaura Ochoa/Flickr