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Yes sir he and congress took us into a depression

The recession started in Dec 2007. It is not a depression which is defined as a contraction in the economy of 10%. The worst we saw was 6.4% in one quarter. We saw growth last quarter. A group of economists not connected with the government looks back at the data to see where the start and end of recessions are. This ones end hasn't been determined yet, but likely ended in June of 2009. Unemployment usually peaks at the end or just shortly after the end of a recession and declines only slowly prompting people to blame whoever is in office of having a jobless recovery. Its like this in every recession, go read the news articles from previous recessions. Bush and Obama helped keep the financial meltdown from becoming a depression. Remember fall of 2008 when every financial company seemed like it was going to fail? The TARP was a short-term fix to stop the bleeding. The multitude of other steps by the Federal Reserve and the Treasury also helped shore up the financial system. The panic affected the real economy in the months following and into the new administration. The steps to help the auto industry, stress test the banks, and provide a fiscal stimulus helped stop the slide. The economy is a resilient thing, once people stopped their panic, things started to get better and will continue to get better. Bush's and Obama's actions helped keep the recession from being worse.

Oh yes, if anything, he made it worse. Because of Obama, the youth of this generation (my generation) are screwed. We have a broken education system, massive debt, and are receiving entitlements. It will take a while for America to recover if we continue the course

Yes, with the aid of Congress. And we can look forward to inflation and high taxes in the near future. You cannot continue to spend, spend, spend and hope that it will just magically improve.

Yes, with the aid of Congress. And we can look forward to inflation and high taxes in the near future. You cannot continue to spend, spend, spend and hope that it will just magically improve.

Yes, the Admin. and Congress surely did. Instead of wasting the first year on a failed health care bill, they should have been addressing jobs from day 1, AS A PRIORITY.

It has been a depression for months, Obama refuses to admit it so we are stuck in a bottomless recession.

Yes, because the longer it lasts, the more people have to depend on the Governmentm which is what Liberals want.

We won't know until it's over, and it's not. Whatever boloney they try to feed us, just look at the increasing number of job losses and foreclosures.

No, he prevented the recession the cons denied was even happening into becoming a depression.

No.

He prevented it from being vastly worse and ameliorated much of the suffering it would have caused.