From the Washington Post, "President Obama said today that the nation's economy is showing signs of progress as a series of his policies begin to come on line."
"In brief remarks to reporters after a meeting with his economic advisers at the White House, Obama said there are signs of hope appearing amid the gloomy economic landscape. 'What you're starting to see is glimmers of hope across the economy,' Obama said."
He reported that the effort to increase small business loans is working. The largest Small Business Administration loan program has increased by 20% in the last month.
"We're starting to see progress," Obama said. "And if we stick with it, if we don't flinch in the face of some difficulties, then I feel absolutely convinced that we are going to get this economy back on track."
Obama's comments come one day after a string of positive economic reports drove the stock market indexes up by 3-4% on Thursday.