Obama Flashback: "Last thing you want to do is increase taxes during a recession"

<object style="height: 390px; width: 640px"><param name="movie" value="https://www.youtube.com/v/aufAtuTwKlE?version=3"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="https://www.youtube.com/v/aufAtuTwKlE?version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="390"></object>

 

Artie, do you think we are in a recession?

 

4th quarter

 

With unemployment like this: http://bit.ly/rdQJwy We're definitely in a recession.

 

You sure it's a mere recession?