Wrong ! The President can in fact have everything to do with it. The current occupant has issued thousands of expensive regulations, forced through an unwanted healthcare bill requiring new taxes on all businesses as well as reams of paperwork. This is just to name a couple of items I could go on and on. Obama Care will create 157 new Goverment agencies when fully implimented. All Government costs money and it's paid for through taxes which is wealth taken from the private sector. Every Dollar that flows to Washington is one Dollar less flowing in the local economy.The President (who, by the way, does not have any magic powers allowing him to help or hinder the economy - that's mostly Congress's doing) has nothing to do with my current job situation. The way Jackson works, however, does.
In short your statement is PURE RUBBISH !