Updated

WASHINGTON -- Treasury Secretary Timothy Geithner says many Americans will face hard times for a long time to come.

He says President Barack Obama rescued the United States from a second Great Depression and will keep working to strengthen the economy. But Geithner says it will be some time before many people feel like the country is recovering.

Geithner tells NBC television's "Meet the Press" that it's a very tough economy. He says that for a lot of people "it's going to feel very hard, harder than anything they've experienced in their lifetime now, for a long time to come."