Barack Obama said today his administration would outline a new strategy in the coming days for spending billions of federal dollars to pull the United States out of an economic crisis he described as “devastating.” In his weekly radio and internet address, the new US president warned there was no single action that would allow his administration to fix the struggling US economy, a stark statement at the end of a week that saw hundreds of thousands of Americans lose their jobs. “No one bill, no matter how comprehensive, can cure what ails our economy,” Obama said. “So just as we jump-start job creation, we must also ensure that markets are stable, credit is flowing and families can stay in their homes.” Obama and his aides spent his first two weeks in power working on the nation’s economic troubles