Obama plans will revive the economy

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Obama Says He Will Do `Whatever It Takes’ on Economy

By Edwin Chen

Nov. 17 (Bloomberg) President-elect Barack Obama said the U.S. government will do “whatever it takes” to revive the economy, and that means “we shouldn’t worry about the deficit next year or even the year after.”

In the short term, “the most important thing is that we avoid a deepening recession,” Obama said in an interview broadcast last evening on CBS News’s “60 Minutes.”