The fear among economists across the political spectrum that was - was that we were rapidly plummeting towards a second Great Depression. So, in the weeks and months that followed, we undertook a series of difficult steps to prevent that outcome. And we were forced to take those steps largely without the help of an opposition party, which, unfortunately, after having presided over the decision-making that had led to the crisis, decided to hand it over to others to solve.
Barack ObamaWe will continue to deepen our engagement using every element of American power - diplomacy, military, economic development, the power of our values and our ideals.
Barack Obama