President Barack Obama turns to leave after speaking in the State Dining Room of the White House, Monday, Aug. 8, 2011, in Washington. (AP Photo/Carolyn Kaster)
Barack Obama attended a high dollar fundraiser last night after the stock market lost over 600 points in daily trading, but he didn't demonstrate the panic that struck Wall Street that day.
"Markets will go up and down, but the underlying challenges have held steady for too long," he said at an outreach event at the St. Regis Hotel.
The president told donors that he was concerned about partisan deadlock and the dysfunctional political culture in Washington.
“This is not rocket science in terms of how we can create more jobs in this country,” he said at a fundraiser where tickets cost $15,000 per family.
