Quote by Rahm Emanuel
When President Obama entered the White House, the economy was in a free-fall. The auto industry: on its back. The banks: frozen up. More than three million Americans had already lost their jobs. And America's bravest, our men and women in uniform, were fighting what would soon be the longest wars in our history.
Summary
This quote highlights the dire state of the American economy and the challenges faced by President Obama when he took office. It emphasizes the severity of the situation, with the economy in a free-fall, the auto industry and banks struggling, mass job losses, and ongoing military conflicts. The quote suggests that these circumstances served as a backdrop for Obama's presidency, indicating the difficult circumstances he inherited and the urgent need for action and economic turnaround.
Topics
History
By Rahm Emanuel