President Obama gave himself a grade of “incomplete” in fixing the economy that he inherited, in an interview with the local CBS affiliate in Colorado Springs.
Q: Your party says you inherited a bad situation. You’ve had three and a half years to fix it. What grade would you give yourself so far for doing that?
Obama: You know, I would say incomplete. You know, historically after these big financial crises, where a lot of people are dealing with debt or a collapse of the housing market, that creates bigger challengers. And we’re seeing this not just here in the United States, but around the world. Europe is going through a very difficult time; parts of Asia, including China, are going through a difficult time right now.
But what I would say is the steps that we’ve taken in saving the auto industry, in making sure that college is more affordable, and investing in clean energy, and science and technology and research, those are all the things that we’re gonna need to grow over the long term.
The key moment is at the 3:30 mark below: