A humbled Barack Obama vowed to fight on after candidly admitting he shared the blame for the setbacks suffered during his first year in the White House。
And in a rare moment of candour from a sitting president, Mr Obama acknowledged the public's faith in him was slipping。
"Change has not come fast enough," he admitted in a 70-minute speech which largely focused on the moribund U.S. jobs market。
He said he accepted his 'share of the blame' for not adequately explaining his plans to the public over the past year。
He did not try to gloss over criticisms of his healthcare reforms and heavy spending on the banking bail-out."Our administration has had some political setbacks this year, and some of them were well-deserved," he said。
"Icampaigned on the promise of change... and right now, I know that thereare many Americans who aren't sure if they still believe we can change,or at least that I can deliver it."
"Someare frustrated, some are angry. They don't understand why it seems likebad behaviour on Wall Street is rewarded but hard work on Main Streetisn't."
"But remember this,"he added. "I never suggested that change would be easy, or that I can do it alone."
Positioninghimself as a champion of the middle class - which in America meansblue-collar workers - Mr Obama adopted a relaxed tone on Wall Street profligacy。
He said: "If there's one thing that has unified Democrats and Republicans, it's that we all hated the bank bail-out."
He also kept his watching wife Michelle happy, earning her two ovations by praising her health initiatives, which included efforts to tackle child obesity。
On jobs and the economy, there were no sweeping fresh initiatives, but Mr Obama sought to repackage his existing priorities。
As such he promoted the job creation potential of his healthcare reforms and clean energy legislation。
He also set a goal of doubling exports over the next five years, an increase he claimed would create two million jobs。
Seeking to find the populist groove
missing since his campaign days, the president said: "Jobs must be ournumber one focus in 2010. People are out of work. They are hurting.They need our help."