The administration's stimulus program has failed. Growth is slow and unemployment remains high. The president, his friends and advisers talk endlessly about the circumstances they inherited as a way of avoiding responsibility for the 18 months for which they are responsible. link
Lefties also conveniently forget that Democrats have run both houses of Congress since 2006.
Now I've never been one to lay "responsibility" or "fault" for natural or cyclical crises at the fault of the president. The president doesn't have a panel of buttons that he can push to make the economy improve, gas prices go down, etc. How I judge our governmental leaders is their response to crises. Do they help, do they hinder, or do they prolong? On that scale, the president does not score well. At all.
But they want new stimulus measures—which is convincing evidence that they too recognize that the earlier measures failed.
Doing the same thing and expecting a different result? Hm. He may not be insane (although some of his ideas are), but he's certainly not the pragmatist that his fellow-travelers on the left try to make him out to be. He's the very definition of a partisan ideologue.