With Obamanomics at the helm failure is all but assured.

Via RCP:

STEPHANOPOULOS: But unemployment is still not as low as you all predicted it would be when President Obama first came in, and according to most projections, it’s likely to be the highest for any incumbent president in modern times.

AXELROD: Well, we’ll see where those statistics lack. I think the direction is important here. Governor Romney may be rooting for slips and falls here. We’re concentrating on moving this economy forward.