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Jon Stewart to Obama: Do you wish you had done more to rebuild the economy?

October 19, 2012 | 6:48 am | Modified: October 19, 2012 at 6:55 am
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During his interview with President Obama on the Daily Show, Jon Stewart brought up Mitt Romney’s critical view of Obama’s record on the economy and high unemployment.

“Is there something to what he says or is there a certain inevitability to a slower economic comeback?” asked Stewart.

“Well here’s what happened,” explained Obama, reminding Stewart that the country had the “worst financial crisis since the Great Depression.”

“We could be growing even faster than we have if Governor Romney’s allies in Congress would move on some of the things we have recommended,” Obama continued, adding that he wanted to grow manufacturing jobs and reduce pressure on homeowners.

“If the Republican Congress was obstinate before, aren’t they still going to be there?” asked Stewart. “Or if you win again, do you get to at some point say – and I’m just going to throw out a phrase here – abracadabra.”

Obama replied that this was why Americans needed to elect more Democrats to Congress, and added that in “one way or another” a plan to reduce the deficit “would be settled” next year.

“The question is are we going to do it in a balanced way?” Obama continued. “Or are we not asking millionaires and billionaires to pay a dime more in extra taxes to preserve investments in education?”

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