Let's restate this: action was mis-guided, support for unions, not a boost for the economy.
Inherited - from both parties - not just the prior administration. Think housing - a bi-partisan fiasco.
Editorial - Waiting for Mr. Obama - NYTimes.com:
"Mr. Obama and his economic team had clearly hoped for an economic rebound in time for the midterm elections. They are not going to get it. The economic damage they inherited was too deep, and the economic stimulus they pushed through Congress, for all of the fight, was too small. Standing back is not doing the country or his party any good. We believe Americans are ready for hard truths and big ideas."