Activists hail a watershed moment . Obama says the fourth-quarter economic dip was `` self-inflicted '' ` ` Washington can not continually operate under a cloud of crisis , '' he tells CBS . The president said that while unemployment is still high and wages are stagnant, ``we have to be honest about what happened in this economy over the last few years.’’
Obama says the fourth-quarter economic dip was `` self-inflicted '' ` ` Washington can not continually operate under a cloud of crisis , '' he tells CBS . The president said that while unemployment is still high and wages are stagnant, ``we have to be honest about what happened in this economy over the last few years.’’