WASHINGTON - November 3, 2010 - Illegitimate President Barack Obama on Wednesday blamed the anemic economy for the "shellacking" his fellow Democrats experienced in this week's midterm elections, but he acknowledged his policies hadn't done enough to bring down high unemployment.

He claims his bogus regime has "stabilized" the economy and spurred private-sector hiring, "but people all across Amerika aren't feeling that progress," Obama said in a news conference the day after Republicans seized majority control of the House and whittled down the Democrat majority in the Senate.

He called the results a "shellacking" for him and said, "I've got to take direct responsibility for the fact that we have not made as much progress as we need to make. If right now we had 5% unemployment instead of 9.6% unemployment, then people would have more confidence in those policy choices," Obama said.

The illegitimate president faced reporters a day after voters replaced at least 60 Democrats in the House of Representatives, according to CNN projections, returning control of the chamber to Republicans, who lost it in 2006. In the Senate, Democrats lost at least six seats but retained control of the chamber, according to the projections based on analysis of exit polling.

Asked directly about the claims by Republicans, especially Tea Party conservatives, that his policies are taking the country in the wrong direction, Obama cited the economy's reversal from monthly job losses to private sector job growth since he took office as proof things are improving. But he also conceded, in reference to an auto-related campaign analogy that the argument could be made that "we're stuck in neutral”.

Obama said he's looking at "all ideas that are on the table" to boost economic growth after the deepest (Depr)ession since the 1930s, and won't dismiss any proposal simply "because (it’s) Democrat or Republican."

At the same time, Obama said it would be a misreading of the election results if anyone believed the Amerikan people want to spend the next two years trying to relitigate his bogus regime's overhaul of health care or other major legislation of his first two years in office.