"So the American economy needs the world, and the world needs the American economy."

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One wonders whether the Obama re-election campaign may be on the right track as it seeks to apply the you-break-it-you-own-it rule to Bush and the American economy. Hardly a day goes by without President Obama or his surrogates arguing that it takes longer than four years to recover from an economic crisis so long in the making.

— Jon Meacham