Obama on US economic crisis: 'The fire is now out'

I thought this would make interesting reading... taking into consideration it's an old article:

Read more Obama on US economic crisis: 'The fire is now out'

"(AFP) – Jul 20, 2009
WASHINGTON — US President Barack Obama defended his administration's response to the economic crisis over the last six months, declaring: "The fire is now out."
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Note: Maybe we should have nailed him down on definition of "fire" and what he means by it "being out."