We are going through a historic recession, which is the perfectly wrong time to have an idealistic President hoping to fund his main "causes" and implement his ideology. A good guy and generally well meaning, though overly politically motivated, he just is qualified for what we need right now - or even qualified for the job he has. (See The Qualifications for The Job.)
The results haven't been good, though they are obscured by the politics of it all - and pointing the finger, which is not a good sign for a President.
The natural economic cycle is finally bringing down the jobless rate somewhat, but the recovery is slower than it needed to be (average growth rate in US has been 3% per year, but in recession recoveries it is above 5%; this one has been between 1% and 2+%). Historically, for the American economy, the deeper the recession the stronger the recovery - but that hasn't been the case this time, unfortunately.
As Ron Suskind notes in his 700 interviews used to write this historical masterpiece called "Confidence Men, Wall Street, Washington, and The Education Of A President": Obama is a "brilliant amateur", but unable to govern and not meeting the criteria for being President.
REALLY LOOKING, REALLY DECIDING ON THE FACTS, OBJECTIVELY