March 13, 2009 8:56AM # Now He Tells Us! By [Doug Bandow](https://www.cato.org/people/doug-bandow) --- SHARE President Barack Obama now says the economy isn’t as bad as we thought. [Reports the *New York Daily News*](http://www.nydailynews.com/news/politics/2009/03/12/2009-03-12_president_obama_economic_crisis_not_as_d.html): > [President Obama](http://www.nydailynews.com/topics/Barack+Obama) said Thursday the nation’s economic woes are not as dire as they seem and said his economic policies will get the country back on track. > > > “I don’t think things are ever as good as they say, or ever as bad as they say,” Obama told CEOs at a meeting of the [Business Roundtable](http://www.nydailynews.com/topics/Business+Roundtable) in Washington. > > > “Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy,” he said. “They’re not as bad as we think they are now.” Does this mean we can cancel the “stimulus” bill and reverse all those bail-outs that were promoted as necessary to save us from disaster? ##### Related Tags [Tax and Budget Policy](https://www.cato.org/tax-budget-policy) [![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).