Rahm Emanuel in 2012 Democratic National Convention speeches

On Budget & Economy: Economy was in freefall in 2008; we're still recovering

There was no blueprint for how to manual for preventing in global financial meltdown, an auto crisis, two wars and a Great Recession all at the same time. Believe me, if it existed, I would have found it.

In the first month, he fought for the American Recovery Act to cut taxes for the middle-class, to put people to work building America's roads, rails and runways. And today, our economy has gone from losing 800,000 jobs a month, to adding 4.5 million private-sector jobs in the last 29 months. Banks, are slowly but surely lending again, and never again will taxpayers foot the bill for Wall Street's excesses.