by Caryn Haller

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August 22, 2012
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President addresses economic concerns in Nevada

In a roundtable discussion following his speech in Reno on Tuesday, President Barack Obama recognized that Nevada is at the center of the country's economic crisis.

"We went through the worst economic crisis since the Great Depression, and in many ways Nevada was the epicenter of this crisis," Obama said. "There was a lot of loose credit floating around a housing bubble, that spurred reckless behavior on the part of Wall Street. And when that whole house of cards came crashing down, Nevada got hit harder than just any place else."

The president met with reporters from The Record-Courier, Nevada …

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The Record Courier Updated Aug 31, 2012 03:09PM Published Aug 22, 2012 04:29PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.