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Obama juggles thorny issues in week ahead

By: cnn.comPosted On: 08/30/2010 1:38 P

President Obama's vacation may have provided a much needed recharge as he jumps back into thorny issues this week.

Coming off a 10-day trip to Martha's Vineyard, Obama turns his attention to the economy and Iraq.

The economy is the No. 1 issue for voters, polls show, and as the midterm elections near, it's becoming increasingly clear that what the administration dubbed the "summer of recovery" has not yet met the public's expectations.

In the White House's effort to take control of the narrative, media will be allowed in at the end of Obama's economic meeting Monday, which usually is closed to the press.

If there ever was a week where the public was reminded the economy is still in turmoil, it was while Obama was on vacation.
A report released last week showed that existing homes sales in July plunged to their lowest level in 15 years. House Minority Leader John Boehner, R-Ohio, called for the resignation of Treasury Secretary Tim Geithner, economic adviser Larry Summers and the rest of Obama's economic team.New home sales also took a beating -- dropping to their lowest point since the Commerce Department started tracking them in 1963. The rest of the week held no better news. On Thursday, the four-week moving average of jobless claims rose to a nine-month high and on Friday, a report showed that the gross domestic product grew just 1.6 percent.

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