Obama's colossal mistake

FDR and Ronald Reagan branded the crises they inherited on the ideology and governance of the previous administration 

Obama's approach has been to look at the future and forget the past.

Obama stayed silent and didn't explain to the American people why deficit spending in times of a crashing downward spiral is a virtue and not a vice.

He didn't answer the Republican attacks about deficit spending, although they had just created as much debt in the last eight years as in the previous two hundreds and waged a trillion dollar war "off the books".

He lost control of the narrative so now on one side there is the narrative of "the stimulus saved us from another Great Depression" and on the other "the stimulus was a waste of taxpayers' money".