Barack Obama told NBC’s Tom Brokaw that the economy would get significantly worse before it gets better. The recession “is a big problem, and it’s going to get worse,” he said.
Obama also express support for a government loan to auto makers. “I don’t think its an option to simply allow it to collapse,” said Obama.
This video is from NBC’s Meet the Press, broadcast Dec. 7, 2008.
Obama: Auto makers can’t be allowed to fail