APUSH, revisited.

Good morning, folks. Today's short response will be based on the following quote from today's New York Daily News:

"I don't think any president has come into office with this many problems on his plate." - NYC Mayor Michael Bloomberg

1. What problems is Mayor Bloomberg referring to in this quote?

2. Do you agree or disagree with this statement? Cite historical examples as evidence. For full credit, include more than one adminstration to support your case.