"This is a pleasant fiction."
Leftists love to tell fictions that place their policies at the center of economic turnarounds. Perhaps none of these false narratives is more popular than the story of FDR and his New Deal policies pulling the economy out of the depths of the Great Depression.
Recent comments by President Obama suggest that he would like to spin a yarn of his own. When citing which actions during is tenure that he was most proud of, the president said, "Saving the world economy from a great depression--that was pretty good."
Indeed, Mr President. Perhaps that feat will earn you a picture on the first ever $20 trillion debt note written by the US Treasury under your watch.