28 Months Later, Obama Says: Recovery's 'Going to Take Time'

June 13, 2011 | 8:20 AM EDT
Twenty-eight months ago—on Feb. 13, 2009--Congress passed a $787-billion economic stimulus law and sent it to President Barack Obama who signed it while declaring it would create or save 3.5 million jobs. This Saturday, in his weekly address, President Obama pointed to his predecessors for causing problems in the economy and indicated a full recovery would not come soon.