Forget the political stripes...this recession was some three years in the making and it will take at least that long to recover. The history of previous economic downturns supports this view..
So many of us here in The Villages are fortunate -- we're no longer in the labor market. I'd hate to be job-hunting now!
Presidents have less impact on the economy (up or down) than is generally thought or assumed.
There are many reasons for this recession...derivatives, greed among many, deregulation of the financial services industry, poor management by the Big Three, etc.