First Lady Michelle Obama was praising her husband’s handling of the economy as the Dow Jones Industrial Average began plunging.
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“I don’t know if you remember how bad things were back then, because sometimes we forget — especially when things get better,” she said during remarks that began at 11:30 am.

The First Lady spoke at a Grassroots campaign event for Tom Wolf, a Democratic candidate for governor in Pennsylvania.

She reminded the crowd that in 2008, the country was in “full-blown crisis mode” and “on the brink of collapse.”

“By almost every economic measure, we are better off today than when Barack took office,” she said.

By 1:30 pm, however, the Dow had plunged over 400 points – the worst drop in nearly three years.

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