That, at any rate, is my loose translation – from the AP:
Treasury Secretary Timothy Geithner says many Americans will face hard times for a long time to come.
He says President Barack Obama rescued the United States from a second Great Depression and will keep working to strengthen the economy. But Geithner says will be some time before many people feel like the country is recovering.
Geithner tells NBC’s “Meet the Press” that it’s a very tough economy. He says that for a lot of people “it’s going to feel very hard, harder than anything they’ve experienced in their lifetime now, for a long time to come.”
Staying loyal to his boss but also getting a little attack of the truth – it is absurd to think that Obama staved off the Great Depression because we’re still in it, it is just that the official (and manipulated) statistics don’t show it. But we, the people, sure as heck feel it. But it is almost refreshing to get a bit of honesty out of the Obama Administration – this will, indeed, be very hard to deal with. But it doesn’t really have to go on for a “long time”. We can cut the nightmare short in November of 2012.