Obama June 29, 2011 press conference transcript

There are a lot of folks out there who are still struggling with the effects of the recession. Many people are still looking for work or looking for a job that pays more. Families are wondering how they'd deal with a broken refrigerator or a busted transmission, or how they're going to finance their kids' college education, and they're also worrying about the possibility of layoffs. The struggles of middle-class families were a big problem long before the recession hit in 2007. They weren't created overnight, and the truth is our economic challenges are not going to be solved overnight.…

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