Barack Obama actually said...

I think that part of the way to think about it is things could be worse. We could have seen a lot more bank failures over the last several months. We could have seen even more rapid deterioration of the economy, even a bigger drop in the stock market. So part of what we have to measure against is what didn't happen, not just what has happened.

Context

Obama reflects on the economic situation, suggesting that while challenges remain, the situation could have been worse.

11/16/2008

https://transcripts.cnn.com...

More Barack Obama Quotes

I strongly believe that a president or a president-elect or his team should be able to do more than one thing at a time.
1/4/2009
I strongly believe that a President or a President-elect or his team should be able to do more than one thing at a time.
1/4/2009
The most important message today is that the situation is getting worse. We've got to act boldly and we've got to act swiftly.
1/4/2009
We are in one of those periods in American history where we don't have Republican and Democratic problems. We've got American problems.
1/4/2009

View All Barack Obama Quotes