When this is true.....
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Because the buck stops with the president. Just as a CEO will be held responsible by his board for his failures, voters will hold the president responsible for failures of the government to meet various challenges. This is nothing new, all incumbent presidential candidates have this problem. Obama was held responsible for failures in Obamacare, Bush for the war, etc.
It's a meaningless slogan.
...for everyone shirking all responsibility. Like children or hopelessly spoiled rich assholes who convince idiots he should be president.
So tell us, which "bucks" stopped on Truman's desk? What failure did he take responsibility for?
I've asked you this question several times, and all you do is dodge and weave.
Face it, the slogan is meaningless, especially when Dims are spewing it.