I think he's a deeply pragmatic economic thinker. He recognizes that the key to any society is the success of its middle class. He's focused on improving opportunities for the middle class. He wants to look at experience around the world and see what works best and pursue that. He's neither an ideologue who believes in untrammeled free markets nor an ideologue who believes that everything is best done by government. But I would describe his economic philosophy as supremely pragmatic. And I think it was a successful philosophy. There was a very real chance of depression in the winter of 2009. And that was avoided. It didn't have to be avoided, but much like the nuclear, the Cuban Missile Crisis where it's not that anything great happened in October of 1962, but disaster was avoided. In the same way the policy package that the president put forward was successful in preventing the Great Recession from becoming a second Great Depression.
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