Economic Turnaround? Economic Turnaround? Apparently A Turnaround Means 10% Unemployment

President Obama on Saturday continued his administration’s careful efforts to take credit for the slowly improving economy, using his radio address to tout the economic turnaround since world leaders met in London in April.

At the time of the G-20 summit, the world’s economic situation was dire, Obama said in the radio address. The meeting in London marked “a crisis that required unprecedented international cooperation to jumpstart the world’s economies and help break the downward spiral that enveloped all our nations,” he said.