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245483 Resource 133529 120646 120646 1258553287957 1258553287957 Controlled Barack Obama Warns of the Danger of a Double-Dip Recession

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U.S. President Barack Obama has been warning about the dangers of deficits and other issues related to economic recovery. In an interview with Fox News, he expressed concern about the possibility of a double-dip recession. The Financial Times reports on a <a href="http://www.ft.com/cms/s/0/ee761ae2-d443-11de-990c-00144feabdc0.html?ftcamp=rss&nclick_check=1" target="_blank" title="Barack Obama, spread bets, CFDs, U.S. markets, double-dip recession, government deficit, U.S. president">release of the interview transcript</a>: <blockquote> "It is important though to recognise if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the US economy in a way that could actually lead to a double-dip recession," he said. </blockquote> Obama insists that the administration is looking for ways to help accelerate economic growth, including providing tax measures for companies that are willing to hire. He is concerned about added debt, but also recognises that jobs are going to be needed, since a "jobless recovery" is something that might precipitate a slide back into recession in a relatively short period of time. 9 application/xml false Barack Obama CFDs double-dip recession government deficit spread bets U.S. markets U.S. president U.S. Economic News Spread bets on U.S. markets http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.1.5) Gecko/20091102 Firefox/3.5.5 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 133529 blog blogsite/GFTUK/web