Obama on election at day-after news conference

By The Associated Press
The Associated Press
Wednesday, November 3, 2010; 4:49 PM

-- President Barack Obama's assessment of the election results at a White House news conference Wednesday:



Obama said "I take responsibility" for the fact that many Americans expressed with their votes that they do not feel the economic progress he says is happening, despite his campaign promise to tackle the country's challenges and give voice to everyday people's concerns.

Said he told both Republican leaders - presumptive House Speaker John Boehner and Senator Mitch McConnell - that he is "very eager" to sit down with members from both parties and "figure out how we can move forward together."

Added that he takes "direct responsibility" for the country not making as much progress as it needs to.



Obama sympathized with people he says were startled by the administration's early decisions, including the economic stimulus bill and pumping billions in federal aid to Wall Street banks and U.S. automakers. He defended the actions.

"I think people started looking at all this and it felt as if government was getting much more intrusive in people's lives than they were accustomed to. ... We thought it was necessary but, you know, I'm sympathetic to folks who looked at it and said this is looking like potential overreach."



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