Another awesome graph to debunk MSNBC and the far-right cable news idiots who are spreading this "Obama Recession" and "Obama Bear Market" nonsense. This one shows relative "presidential blame" for nonfarm payroll job losses in this recession, with blocks of time highlighted for Bush (light red) and Obama (light blue).
Again, President Obama's section is so small, I couldn't even get his name in there. Just the letter O.
The broader point here shouldn't need to be explained to the likes of MSNBC and the rest. But here goes. A president can't be expected to stop or reverse on dime a decline this steep and systemic in just 45 days.
Graph source: William Polley.