Credit for avoiding a second Great Depression? A low bar?

Center for Economic and Policy Research (CEPR) poses a question that needs a careful look and response:

In its top of the hour news segment NPR reported that President Obama hoped that voters would give him credit for avoiding a second Great Depression. If this is an accurate representation of what President Obama said then it should have devoted a segment to economists…for trying to set an unbelievably low bar for measuring the success of his economic policy.

The post has no elaboration itself, but readers are knowledgeable. This is more like a topical thread…and of course relates to message and campaigns of the candidates. But the Republican candidates have their own set of rhetorics.

Update: Reader GaryT provides the links to NPR and a CBS News transcript of the interview.