and then we have john heilemann. the president seems stalled. he doesn't like gettinged blame. >> when i walked in, we had a $1.3 trillion deficit. >> ronald reagan dealt with almost the same thing trying to get going in the midst of a recession. reagan's downturn started in july of his first year and it took 14 months to get to morning in america. here's reagan at the same point obama is at now. >> we're starting down a rd that i believe will lead us out of the economic swamp we've been in. it'll take time for the effective tax rate reductions to be felt in increased savings, and productivity and new jobs. it'll take time for the budget cuts to reduce deficits. the thing to do is to hold to a firm steady course. >> here's what is left over from george bush. first the bailouts last fall. the housing bubble. the spending on iraq. but critics say obama's problems are partly his own making. first, a lack of a stiff punch. and now his health care plan that some say could be too big. wike, we're heavily invested in this president, almost a billion do