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Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

Obama's economic policies obviously have not worked, and have left the American market place with enormous uncertainty and anxiety.

It's probably fair to say that Obama's ideas were too big for America's appetite. It would have been nice had he made a few incremental repairs to the economy and left the transformative events for a less stressful time.

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.

My concern about Barack Obama is he ran a campaign in 2008 where he said we're going to bring people together and solve big problems. And he specifically talked about the need to reach across the aisle and deal with issues like the economy, which was obviously the top issue in 2008. It has not happened.

Obama has made incredibly poor decisions that have made us less safe.

Beginning with the stimulus, Obama has repeatedly inserted the government into the free market for political reasons - and with disastrous results.

It's Obama's bad luck that he got elected just as the mayhem of the foreclosures, the banking collapse, and the General Motors disaster was accelerating the surge in unemployment to warp speed.

Let's face it, the Obama administration was handed a pretty poor deal from the previous administration.