Facts: The financial industry was bankrupt, W's attempt to bail it out----including an injection of QE---failed. The economy was losing jobs in the hundreds of thousands each. month from 2008 to 2009. the shrinking economy was in a depression, the first since the 1930s this was the economic landmine that O had stepped into under O, the financial industry was bailed out successfully. it added stability to the economy, lifting the economy out of depression into positive GDP growth. most impressive was the > 70 consecutive months of positive job creation, averaging ~ 100K each month