Another point mentioned that is worth repeating, the President usually has very little to do with the economy. It is mostly congress unless the prez is doing something to hold down the economy like Obama is with his energy policy. Even then it usually takes 2 years after congress passes bills or the prez's policies are put into place to have any real effect.
Damn Rick, we need to stop agreeing with each other. That may be a sign of the apocalypse.