Obama: Recession Unlikely

WASHINGTON – President Barack Obama insisted the U.S. is not in danger of falling into another recession, but acknowledged in a televised interview aired Sunday that his re-election will hinge on the economy.

In the interview with CBS News taped last week – after a new Gallup poll found just 26 percent approve of the way he is handling the economy – Obama said, “I’m the president of the United States and when people aren’t happy with what’s happening in Washington … I’m going to be impacted just like Congress is. And you know, I completely understand that and we expected that.”

Another recession unlikely— agree or disagree?