"The challenge is, is that the hole was so deep that a lot of people out there are still hurting," Obama told a town hall meeting sponsored by the CNBC financial news network. "So the question then becomes, what can we now put in place to make sure that the trend lines continue in a positive direction, as opposed to going back in the negative direction?"
Obama, taking some critical questions from the audience, denied he is anti-business, and said his administration seeks the best balance between a free market and essential regulation.
Republican Party chair Michael Steele said Obama "trotted out the same old worn-out reassurances on the economy, but Americans are still waiting for the promised recovery that never arrived."
Some play-by-play: Click Here
Contractor Says He Was Paid to Remove Motrin From Shelves
E-Mails Obtained by ABC News Show J&J and FDA Knew of Buyback Program
by Dr. RICHARD BESSER and BRINDA ADHIKARI
Sept. 20, 2010 —
For generations, parents have depended on Johnson & Johnson, trusting the company's medicines in the middle of the night.
Today, the gold-standard brand is in a tailspin and its quality is being questioned as Johnson & Johnson faces a second congressional hearing.
There have been eight recalls in the last year -- 136 million bottles of children's medicines including Children's Tylenol, Motrin Infant Drops, Children's Benadryl and Zyrtec -- and the company is apologizing for the largest over-the-counter children's medicine recall in history.
In November 2008, Johnson & Johnson and its subsidiary McNeil Consumer Healthcare discovered that some of its Motrin tablets were not dissolving properly -- meaning that if a consumer had a headache and took the medication, it might not work as expected.
Usually when there is a manufacturing problem, the product is recalled even if, as in this case, it does not pose a harm to consumers. In this case, contractors were sent to 5,000 convenience stores around the U.S. to quietly buy the faulty Motrin without alerting the public.
"I had been told not to say that this was a recall," said Lynn Walther who works for a Portland, Ore., inventory company. "I did not understand why I should be telling someone that this is not a recall when in my mind it was a recall."
In an exclusive interview with ABC News, Walther said that he was hired by a contractor to walk into convenience stores and quietly buy specific lots of Motrin IB caplet eight-count vials. Though he said his purchases often were met with puzzled looks from store owners, Walther said he had been told not to give the stores an explanation.
"Usually the only thing that was said was 'That's quite a bit of Motrin. What are you going to do with that?'" Walther said. "I just said, 'I'd like to purchase this Motrin.' I didn't make any conversation that I didn't feel was necessary."
He said he was following the instructions he'd been given. "You should simply act like a regular customer while making these purchases," the document said. "There must be no mention of this being a recall of the product. Run in, find the product, make your purchase and run out."
'I Wish ... I Hadn't Done It
Johnson And Johnson Criminal Investigation Click Here
Twisted Faith
A pastor's dark secret casts a long shadow across his entire congregation
Transcript
JOSH MANKIEWICZ reporting: (Voiceover) Amid the pine trees and cedars on Bainbridge Island, Washington, near Seattle, you’ll find a little church. In here the faithful practiced a Christianity that embraced what could be called the supernatural. They called it super spiritual. It was an emotional and visceral faith, and a faith that believed in hearing messages, prophecies directly from God. Some of this story is about God, and some of it isn’t.
(Trees; clouds; jaywalker and traffic; clouds; church exterior; sun; cross; clouds; cross on pew; clouds)
Ms. DIANA PARMELE: There is God. There is also a devil.
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