"We avoided the depression many feared," Obama said in a speech at the Brookings Institution, a Washington think tank. But, he added, "Our work is far from done."(Yahoo, NPR). Lately when he says "we" he is also talking about right wing idealists he kowtows to, calling it "bipartisanship". No it is kowtowing.
So, I don't know who the "we" is, but his predecessor was a right wing idealist who did not prevent the recession.
Just before Obama took office, in economic effect terms, "the most expensive public works legislation in U.S. history" was passed to "create jobs until 2009" by "we" the government.
The last two presidents both like war, and spending like a drunken sailor, not realizing that the wars of forever are causing the problem in the first place.
Dick Cheney may have run things for Bush II, but it looks like Secretary Gates is running things in two administrations. Running things into the bloody ground of war.