Barack Obama actually said...

"We are facing the greatest economic challenge of our lifetime."

"I am not going to anticipate problems. I'm going to go in there with a spirit of bipartisanship and a sense that both the president and various leaders in Congress all recognize the severity of the si..."

"But critics also say he might have made missteps, including a reference to Nancy Reagan that later required an apology."

"In his first news conference, the president-elect vowed to meet the economic crisis head-on."