AP Photo/Charles Dharapak

Multimedia Measuring economic stress by county nationwide Mall malaise: shoppers browse, but don't buy Unemployment by the numbers Family struggles with father's unemployment Saying an affordable goodbye Hard times hit small car dealer Latest Economic News Stocks fall as Bernanke lays out plans for removing emergency economic support measures US trade deficit surges to $40.18 billion in December, much larger than expected Bank of England downgrades forecasts for pace of UK economic recovery New figures show Americans continued to spend modestly in January Electronic Arts, Coca-Cola, Harman, Developers Diversified are among market movers Tuesday How the Dow Jones industrials and other major stock indexes fared in Tuesday's trading A look at economic developments and activity in major stock markets around the world Economic gloom easing in NASCAR, but bargain-hunting sponsors want more for their money Germany _ export champ since 2003 _ loses crown to a rising China Chinese-born spy gets more than 15 years for Calif. espionage case involving space shuttle

Buy AP Photo Reprints

Interactives Christmas at the White House through the years New Orleans Obama will see 4 years after Hurricane Katrina Obama, Cabinet travels lead mostly to blue states Presidential postcards: Chief executives on vacation The 2009 U.S.-Russia summit Barack Obama: The AP interview Foodie in Chief: Mapping Obama's Eats First ladies of fashion: Michelle Obama and Carla Bruni-Sarkozy Obama's family and WWII First 100 days: Revisiting the issues that shaped Obama's campaign First 100 days: Day-by-day interactive calendar First 100 days: Michelle Obama's style Obama's West Wing Latest News Obama welcomes crowd to White House to honor music he credits with his election to presidency Economy, jobs focus of Obama meeting with black leaders Obama and Republicans talk bipartisanship, but most of the action is in the other direction Obama says initial job-creation bill need not be ideal, says measure needed quickly though Obama says US developing 'significant' sanctions for Iran in response to nuclear program

Your Questions Answered AP answers your questions on the news, from Super Bowl ads to journalists in disaster zones

Interactives State budget gaps map Auto industry problems trickle down, punish Tennessee county Women give old Derby hats a makeover in tough economy S.C. town deals with highest unemployment in South How mortgages were bundled and sold as securities Tracking the $700 billion financial bailout Tracking the year's job losses State-by-state foreclosures since 2007 Credit crisis explained Presidents and their economic legacies Lexicon of the financial crisis Americans' addiction to debt

Photo Slideshow Obama picks up Nobel Peace prize

Interactive Obama's First State of the Union Address

WASHINGTON (AP) -- President Barack Obama is seeking to reassure voters he's determined to create jobs while his administration is trying to protect an architect of the increasingly unpopular banking bailout that may have helped prevent a financial collapse.

Obama's efforts on the economy come after a Massachusetts Senate election this past week that suggested voter unrest when Republican Scott Brown claimed a Senate seat in Democratic hands for more than a half-century. Brown gives the GOP a 41st vote in the Senate, taking away the Democrats' supermajority and threatening Obama's agenda.

And the administration has been working to shore up eroding support for Federal Reserve Chairman Ben Bernanke, who is seeking another four-year term.

In the face of daunting political conditions, Obama was sounding feisty as he told a town hall crowd he was more determined than ever to help the economy and pursue his agenda.

"I'm not going to win every round," Obama said Friday in Ohio. But he pledged, "I can promise you there will be more fights in the days ahead."

He tried out a revamped message focused mainly on the economy that is part of a stepped up effort to convince Americans that he's doing all he can to create jobs.

"This isn't about me. This is about you," he said.

Obama told his audience at the Lorain County Community College "the worst of this economic storm has passed. But families like yours and communities like Elyria are still reeling from the devastation left in its wake. Folks have seen jobs you thought would last forever disappear."

He said a new stimulus spending bill emerging in Congress - the White House is calling it a jobs bill - must include tax breaks for small business hiring and for people trying to make their homes more energy efficient - two proposals he wasn't able to get into a bill the House passed last month.

Obama defended as necessary his administration's widely unpopular moves to bail out financial and auto companies. He also stepped up his recent attack on bankers and bonuses, defending his proposal to tax big banks to recover bailout costs and to limit their size and activities.

Obama just completed his first year in office and will address the nation Wednesday in his State of the Union address. But that address comes after one of the worst weeks in recent times for the White House.

Brown's seizing of the Massachusetts Senate seat held for decades by the late Sen. Edward M. Kennedy cost Democrats their filibuster-proof supermajority of 60 votes. That means Republicans will be able to stop or seriously slow down legislation at will. The GOP victory was also a poor omen for November's midterm elections.

And Thursday's Supreme Court ruling overturning limits on corporate political spending opened the way for businesses and special interests to spend money freely on commercials for or against individual candidates. Obama said the 5-4 decision would allow wealthy special interests to "drown out the voices of everyday Americans."

The White House, meanwhile, has been working aggressively to keep congressional support for Bernanke from eroding further as he seeks another term. Several Democratic senators have said they won't support Bernanke's renomination, but the administration's concerns about the nomination were lessened somewhat by the knowledge that some Republican lawmakers were committed for Bernanke.

Bernanke has no real Senate constituency with either party because he was appointed to his first term by President George W. Bush but is now closely linked to Obama's economic policies.

White House deputy press secretary Bill Burton said the president has "a great deal of confidence" in the actions Bernanke already has taken and believes he's "the best person for the job."

Burton said the White House still believes that Bernanke, 56, will get enough votes in the Senate to run the nation's central bank for another term.

---

Associated Press writers Tom Raum, Philip Elliott, Jeannine Aversa and Jim Kuhnhenn contributed to this report.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy.

Click here for copyright permissions! Copyright 2008 Associated Press