So by extension the current economic downturn is entirely Obama's fault then? Also, take a close look at the graph. Looks like things had stagnated in the early

So by extension the current economic downturn is entirely Obama's fault then? Also, take a close look at the graph. Looks like things had stagnated in the early 70s, but the graph does it's best to hide that. Now off we go to partisan bickering about who was in control of congress blah blah... it's all BS. It's silly for presidents to talk about the economy at all. It's just another way for politicians to take credit for something they aren't responsible for. Do you think Jobs and Woz started Apple because of Carter's economic policy? Do you think Microsoft succeeded because of Reagan? Of course some companies rise and fall along with the political tides. I suspect that a close examination of these will show you bribes and favoritism. Companies that depend on a favorible political climate probably aren't adding to the economy at all.