Can we at least all agree that Presidents get too much credit AND blame (depending on the side of the aisle the person crying or praising is) for pretty much everything?
I'd say this is broadly true, but PJ is definitely right that it is largely due to Obama's stubbornness in favor of growth policies as opposed to austerity policies that the US recovery was much better than most other countries hit hard by the recession.
Of course, I don't really think the recovery is all that durable, and shouldn't inspire any kind of chest-beating, but Obama deserves a little bit of credit.