If the economy improves, and I mean really improves, then he probably will get re-elected.
On the other hand if it doesn't do more than this sluggish shit its doing now IMO he's toast.
And No. In my mind this guy is in way over his head.
The economy is slowly recovering in spite of his policies not because of them.
Obama has spent less money than Reagan (as a percent of GDP)to try and climb out of this recession, which was much worse than the Reagan era one. I would disagree, i would say his policies are helping, but he has not been able to do more due to GOP obstructionism.
One More Must-See Chart On Government Spending Under Obama And Reagan - Business Insider
In Reagan's first four years in office, government spending grew by at least 7.5 percent, and in the first two years, government spending grew by over 10 percent year-over-year. Obama hasn't had one year of government spending growth over 7.5 percent, and the growth in government spending in 2011 that appears as the second smallest in this chart, is actually the third smallest since WWII.
Although GDP has been mediocre under Obama, he's achieved a rebound in growth with much less stimulus than Reagan did, and, it should be noted, that despite predictions from many economists, there's been no double dip, unlike with Reagan.
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One More Must-See Chart On Government Spending Under Obama And Reagan - Business Insider
Compared the the money Reagan spent to get the economy out of the toilet, Obama has been fiscally conservative.