In remarks recorded on Wednesday on his campaign style bus tour in Illinois and aired during his vacation in Martha's Vineyard, Massachusetts, Obama said the stalled construction, trade and payroll tax bills could noticeably raise the economy.
"The only thing preventing us from passing these bills may be the refusal by some in Congress to put country ahead of party. This is the problem right now. That's what's holding this country back, " the leader said in his weekly radio address.
Wall Street stocks have suffered a month of losses because of investor jitters, partly over concerns that the Usa may be headed for another recession after barely growing in the first 1 / 2 of 2011.
With the national unemployment rate stuck above 9 per cent, Obama's re-election hopes may hinge on his ability to convince voters he is steering the US economy the proper way.