VIDEO: Obama defends economic managment in weeky address

President Obama took criticism of his administration's $787 billion stimulus package head on in his weekly radio address, promising to work until every American who wants a job can find one.

The president piggybacked on a government report Friday showing better-than-expected economic performance in the past few months to argue his administration's economic policies are succeeding.

"The report showed that in the first few months of this year, the recession we faced when I took office was even deeper than anyone thought at the time," Obama said of the quarterly economic analysis published by the Bureau of Economic Analysis (BEA).

Watch the video of the address below:

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