Scadobees, good points all.
It is unfortunate that the general public can't recognize the way the government really works. It is treated too much like a sports team, when things go south, fire the Manager (President), when the fault was with the players or ownership.
The President in office at any given time is always blamed for what happens when the cause often occurs years earlier and was created by the Legislative branch of government. Legislators love this, the screw up and pass the buck, time after time.
The WebTech crash was building since the mid 90's but it fell apart under GWB's watch so he got the blame. He is the unlucky recipient of a couple of other such occurrences. Clinton started his Presidency with an economy that was much the result of decisions made during the Reagan Administration but it was most evident after Clinton entered the White House so he got the credit.
What I'm getting at is there is a delay between the beginning of action and its result but it is human nature to assign responsibility (good or bad) to the most obvious Party (the President). It's much like Carrie Fisher (Princess Leah) once said, "The trouble with instant gratification is that it takes to long."
I think it's humorous that the Ultra-liberals are already starting to cry foul on some of the things Obama is putting into action. They sold themselves on that he was ultra-liberal but if you go back and look at what he said, when and where he said it, he tried to be all things to all people. Vagueness was his mantra, so people assigned him the goals and idealism they held.
They voted a Chameleon into office, now we get to see just what kind of Cheshire Cat we really have.