Washington, Aug 3: After recession, now United States had come on the right track to over come its economic conditions, claimed US President Barack Obama.
Obama said that America is on the road to recovery thanks to his economic plan that included ensuring new jobs and industries don't go to China and India.
Obama stated, "The plan was to focus on making our middle class more secure and our country more competitive in the long run."
"So that the jobs and industries of the future aren't all going to China and India, but are being created right here in the United States of America," added the President.
But he included that the new policies will take some time to work properly as the old policies that got US in a deep hole.
Obama at the same time was very confident about the confirmed economic recovery of the States.
"We're certainly not there yet. But I want everybody to understand, after eighteen months, I can say with confidence we are on the right track," claimed Obama.