On the recordMarch 2, 2009
My main message to the American people is to just recognize that we dug a very deep hole for ourselves. There were a lot of bad decisions that were made.
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transcripts.cnn.comBarack Obama: “My main message to the American people is to just recognize that we dug a very deep hole for ourselves. There were a lot…”
Editor's note · Context
President Obama acknowledges the difficult economic situation and the need for patience as the administration works to resolve it.
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More from Barack Obama
Oct 15, 2026
People need to “rediscover what’s the story we tell about how we’re going to live together, and see each other, and recognise each other, and disagree, and yet, still care for each other”.
Oct 15, 2026
And I will fight for that, even if I don’t always think it’s going to win.
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