President Clinton Addresses Democratic National Convention

12:19 AM, Sep 6, 2012   |    comments
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CHARLOTTE, N.C. (AP) - Former President Bill Clinton says he understands many American are angry and frustrated with the economy -- but says he feels "with all my heart" that President Barack Obama is steering the country to an economic recovery.

Speaking at the Democratic National Convention, Clinton says Obama's experience is similar to what he faced in 1994 and 1995 when the economy suffered then recovered strongly in 1996. The difference, he says, is that Obama faced "a much weaker economy" than Clinton did. The former president says no one could have repaired all the economic damage in four years. But Clinton says employment is growing, banks are lending more and housing prices are recovering.

He says if the country gives Obama four more years, Americans will feel the recovery.

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