Stimulus plan will create 3.5 mn jobs: Obama

8220;Because even if we manage this plan flawlessly,there will be no real recovery unless we clean up the credit crisis that has severely weakened our financial system,8221; he said.

The President said he wants to 8220;speak plainly8221; and candidly about this issue,as every American should know that it directly affects 8220;you and your family8217;s well-being.8221;

8220;You should also know that the money you8217;ve deposited in banks across the country is safe; your insurance is secure; and you can rely on the continued operation of our financial system. That is not the source of concern,8221; Obama said.

8220;The concern is that if we do not re-start lending in this country,our recovery will be choked off before it even begins,8221; the President said.