WASHINGTON (AP) -- The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery and simultaneously urged European leaders to prevent a looming overseas debt crisis from dragging down the rest of the world.

In a brief White House news conference, Obama urged passage of legislation that he says would create jobs -- proposals that Republicans have long blocked.

"The recipes that they're promoting are basically the kinds of policies that would add weakness to the economy, would result in further layoffs, would not provide relief to the housing market and would result ... in lower growth," he said.

As for Europe, he said leaders there must inject money into the banking system.

"The solutions to these problems are hard, but there are solutions," he said.

The president spoke after several days of difficult turns for his re-election prospects, including last Friday's report that the unemployment rate had risen slightly to 8.2 percent in May as job creation had slowed, and new signs that the European debt crisis was hurting the U.S. economy.

In the overtly political realm, Wisconsin's Republican Gov. Scott Walker turned back a recall movement led by organized labor, while former President Bill Clinton stirred controversy by saying Obama should be ready to sign a short-term extension of all expiring tax cuts -- including those that apply to the wealthiest taxpayers that the president has vowed not to renew.

"As for Europe, he said leaders there must inject money into the banking system."

Isn't that like a cow asking for milk? If a bank needs money, what kind of bank is it....... other than one that is failing from bad business practices?

Students can't get help on their loans from lack of jobs, their is a lack of jobs because of bank derivitives and malinvestment, but WE have to bail out the banks so they survive to collect on student loans?

Am I missing something here?

I saw an ad of Obozos' plan to fix the economy...... an oval office full of "scratch it" tickets and lotto picks!

The Robme version was him placing a collect call to Ron Paul!

C'mon....whose got photobucket?

you can pull stuff like that right off google if you like

Call me a privacy geek, but I don't use google or any of the corporate sites or engines with tracking software (cookies and such).

My presence and participation here is my greatest personal exposure on the information super highway!