You didn't provide an argument. Perhaps some reference to employment subsidies and how, compared to other countries, the US suffered a much greater employment loss?
It is curious belief that the president has something to do with the economy and that he can somehow fix it. I'm not sure where this belief arose, probably from the media. The president doesn't control the economy. All the OP is stating is that the economy has worsened in the past two years. Actually, it has worsened for the past 4+ years. The president didn't cause it and the president can't fix it.
The misery index. Yep, that one bodes ill for him. He's underestimated the anger the country has toward him. Can't wait til November to see how this all shapes up.
Most of these figures were written in stone before he accepted the poisoned chalice .They are the inevitable consequences of the '07-'08 collapse , itself due to appalling economy and finances mismanagement over the previous few years --- say, from '03 -'04. I believe he failed to realise that the steps required to save his country could never be implemented , because even most of the so called experts remain in flat denial of the gravity of the situation . Similar to the EU ruling class . He cannot break through the power of vested short term interests and the US people would literally riot if they were asked to accept the privations that are actually needed to keep the country afloat . I suspect he will be re-elected , for when Gingrich implodes , the opposition will be seen to be bereft of outstanding talent . Providing the figures can hold up just for another 10 months and can be massaged , he will be re-elected easily . imo
It does provoke a , "So What ? " , when every half decent commentator knew that this was the forecast case , because of consequences of past actions and pre Obama . It's an equivalent position to the UK unemployment figure which currently stands at ca 2.6 million . This is deemed to be awful and growing . But every half decent commentator saw UK unemployment reaching 3.0 million , or just over , before things started to improve . As I said earlier , if you judge this guy just on a literal reading of present figures , you get it totally wrong and are simply seeing matters in a way that is convenient for an overall political stance .
Given we're referring to a global crisis you should be using international data to compare the success of policies. Broadly speaking, countries can be split according to the relative size of GDP and unemployment reactions. The US has a relatively low GDP change, but high unemployment impact. Is that success or failure? Given the US right wing political consensus, probably 'success'!
