Barack Obama: “If nothing is done, this recession could linger for years. The…”

On the recordJanuary 7, 2009

If nothing is done, this recession could linger for years. The unemployment rate could reach double digits.

Said by

Democratic · Illinois

Source

Obama warns of the potential long-term consequences of inaction on the economy.

More from Barack Obama

Jun 18, 2026

That was fantastic. I was a little tall for it.

Jun 22, 2026

We designed the center not to be some lifeless mausoleum.

Nov 19, 2025

Your task is not to impose litmus tests.

Jun 19, 2026

it was nevertheless important that we all play a part in assuring that our elected officials are accountable.

Other voices in this conversation

Barack Obama: “If nothing is done, this recession could linger for years. The unemployment rate could reach double digits.”