Obama claimed that the economy was "teetering on a potential crisis"... and pointed a finger at President Bush...Thus, in March of 2009, Barack Obama made a special appearance on CBS' 60 Minutes program in order to impress upon the American people just how seriously he was taking the economic crisis:
"History will not judge President bush kindly," Obama said of the economic downturn, arguing that Bush appeared nonchalant over the potential crisis in remarks last week.
"When I saw the president in his press conference, almost lighthearted and joking about some of these issues, I think it did not instill the kind of confidence in the American people and certainly it didn't instill any confidence in me that the Administration is taking the situation seriously," Obama said.
Meanwhile, during an interview with ABC's "This Week" program on Sunday, Vice President Joe Biden was asked by host George Stephanopoulos to explain the nation's 9.5% unemployment rates - the worst numbers in 26 years - considering that he and the President had predicted that unemployment would peak at no more than 8% if the president's stimulus package was passed:
"The truth is," Biden conceded, "we misread how bad the economy was..."
Heh, I suppose the Vice President was employing a little bit of "gallows humor" to help us make it through the day....