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Obama: Election Will Decide Nation's Economic Fate

July 5, 2012

President Barack Obama has told an Ohio campaign crowd that he's betting they won't lose heart or interest in the November election despite political stalemates. He says the outcome will determine the nation's economic future for the next 10 to 20 years.

He also offered a stout defense of his health care law, saying: "The law I passed is here to stay."

Obama's remarks were the first of a two-day bus tour of Ohio and Pennsylvania. He was drawing attention to economies in both states that have been helped by a stronger auto industry.

Obama said the experience in both states, where joblessness is below the national average, can be replicated across the country. And making sure it does, he said, is why he is running for a second term.


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