The economy shows some signs of improvement but there is a still a way to go, President Obama said today.
After a meeting with his top economic advisers and what he called "our entire regulatory group" he said that "what you're starting to see is "glimmers of hope across the economy."
But he said the administration will continue to be cautious about its predictions because "the economy is still under severe stress" and "we're still seeing a lot of job losses, a lot of hardship, people finding themselves in very difficult situations either because they've lost their home, they've seen their savings deteriorate, and they're still at risk of losing their jobs." Obama said.
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