Obama Speaks Of Ending Cycle Of Job Losses

President Barack Obama says he won't accept a future of job losses for the United States.

Addressing a graduating class of new police officers in Ohio, the president talked about Friday's grim government report -- a spike in the unemployment rate to 8.1 percent and 651,000 jobs lost in February.

Obama said the job numbers underscore the importance of his economic stimulus package that Congress passed with just a few Republican votes.

He said some critics called the plan unwise and unnecessary. He said government leaders have a responsibility to act for future generations.

Obama said the nation has met every challenge with bold action and big ideas and "that's what fueled a shared and lasting prosperity."


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