Obama Says the “Bleeding” Has Stopped, Middle Class on the Road to Recovery

President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said “have stopped the bleeding” and put the middle class on the road to recovery. In his weekly radio and Web address, Obama pointed to measures funded by the Democrats’ $814 billion economic stimulus as responsible for halting the economic slide he faced when taking office in January 2009. – Reuters