When President Barack Obama took the oath of office about a year ago, he inherited the biggest economic mess since the 1930's: millions of Americans losing their homes to foreclosure and their jobs to a steadily deteriorating economy, huge budget deficits fueled by tax cuts for the wealthy and two wars his predecessor simply put on the national credit card, mushrooming national debt and some of the biggest barons on Wall Street in financial collapse.
A year later, we take stock. The President's State of the Union speech provided a good overview. A new document just released by the U.S. Senate's Democratic Policy Committee, which I chair, takes a similar look at the challenges we faced in 2009 and the work the President and Democrats in Congress accomplished to keep the economy from completely collapsing.
To read the full, original article click on this link: How democrats pulled the U.S. economy back from the brink (Sen. Byron Dorgan) - The Hill's Congress Blog