No one could have repaired all the economic damage done during that crash

[kentuck]

http://www.huffingtonpost.com/2012/11/01/bill-clinton-economist-kenneth-rogoff-obama_n_2061734.html

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"I know that no one who ever served as president -- not me, not Franklin Roosevelt, not anyone -- could have repaired all the economic damge done during that crash in four years," Clinton said.

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Clinton said Rogoff is a moderate Republican. And then he related a conversation he had with Rogoff after reading his book.

"I called him on the phone and I said, 'I read this very carefully. I just have a question. Do you believe that there's any way America could have fully recovered from that crash in four years?'" Clinton said. "He said, 'Lord no.'"

"He said, 'No serious person believes that.' He said, 'The average country takes 10 years,'" Clinton said.

Clinton did not mention that Rogoff and Reinhart wrote a column for Bloomberg News two weeks ago, arguing that the economic crisis of 2008 and 2009 was not a "borderline" economic crisis, but rather a "full-blown systemic meltdown."