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Tim Lee: Obama Didn't Prevent the Next Great Depression

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Tim Lee is the senior vice president of legal and public affairs at the Center for Individual Freedom. Citing new figures from the Bureau of Economic Analysis, he explains that President Obama did not save the country from a great recession with his stimulus program. Rather, he inherited an economy that had already rebounded into the positive after two negative quarters. The underlying cause was the collapse of the housing industry, caused by subprime loans made at the behest of the government beginning in the Clinton administration. Originally aired on Cam & Co 05/02/16.