If you have a weak heart, do not read this. On the other hand, if you want to know what needs to be done and how difficult it will be, pour yourself a glass of wine and read this article written by Nobel Prize winning economist Joseph Stiglitz in Vanity Fair (excerpt):

Up to now, the conventional wisdom has been that Herbert Hoover, whose policies aggravated the Great Depression, is the odds-on claimant for the mantle “worst president” when it comes to stewardship of the American economy. Once Franklin Roosevelt assumed office and reversed Hoover’s policies, the country began to recover. The economic effects of Bush’s presidency are more insidious than those of Hoover, harder to reverse, and likely to be longer-lasting. There is no threat of America’s being displaced from its position as the world’s richest economy. But our grandchildren will still be living with, and struggling with, the economic consequences of Mr. Bush.

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