Obama's deficit plans run into economic reality (AP)



President Barack Obama works the crowd following his remarks at a fundraiser at Sony Pictures Studios in Culver City, Calif., Thursday, April 21, 2011. (AP Photo/Reed Saxon)AP - President Barack Obama headed west to sell his big picture deficit-reduction plan. But many people are waiting for a quick fix to their own economic problems caused chiefly by persistent unemployment and the crippled housing market.