Well said by the author. To his list I would add:
Our foreign policy is chaotic, aimless, feckless, and weak under the Obama administration. He's insulted our friends and strengthened our enemies. First he was going to close Gitmo, then he wasn't. He was going to get us out of Iraq, then he wasn't. He was going to fight in Libya, then he wasn't, and left it up to NATO. He was going to fight in Afghanistan, now he's drawing down troops. He lucked into finding bin Laden thanks to nine years work by the CIA, but didn't have the stones to prove we really got OBL. So we just have to take Obama's word. He's canceled numerous foreign trips to key allies. In short, we have no foreign policy under this administration.
He's essentially mailing in his presidency, which isn't a surprise considering that's what he did with all his previous jobs. The nation is rudderless and leaderless while we suffer through our second Great Depression. Yes, that's what this is, even if no one wants to use the word "depression." Main difference is that this time there's no dust bowl, and welfare and food stamps have replaced those long lines at 1930's era soup kitchens.
I frequently use it. This Great Recession, rooted in the subprime loan disater of bad debt, is almost a carbon copy of the Great Depression which had bad debt at its root too.