The biggest mis conception of Obama is that he inherited a Government that was in shambles. The banking sector and the housing sector was in shambles but the U.S. govt. Was not in that bad of shape. In fact: 2007 we were within 163 billion of a balanced budget 2008 we signed the peace treaty with Iraq that today we see has came to pass, all troops will be gone in 8 weeks or so Tarp and the 250 billion that GWB Admin used stopped the banking collapsed and that sector was turned around in months. Not like it was in 07, but also not collapsing either. Most of that money we got back in months So exactly what was it that Obama inherited that forced him to spend over 4 trillion dollars we did not have?