In a word, No! Like most Americans, you need a lesson in
American-history because you are clearly ignorant of recent factual event-history.
What happened happened historically on
Bush2's term-of-office.
And factually, it goes like this:
*Obama took office and inherited the worst recession since the 1930s stamped "The Great Recession".
Which was due to the SubPrime Mess wholly accountable to the Bush Administration that did NOTHING to either prevent or remedy its consequences!
*Unemployment started skyrocketing in 2009 because of the Great Recession. It reached an historical high of 10% in 2008 - see the historical reference from the Bureau of Labor Statistics (BLS)
here.
*Obama passed the
ARRA-bill that spiked an exploding Unemployment Rate at 10%. See the BLS Unemployment History infographic
here.
*The key data-point to see from then on is also a BLS infographic Employment-to-population Ratio, which you will find
here.
*Note how it dropped precipitously in 2008 (Obama's first term in office) from 63% to 58.3% in December of 2009. And YOU THINK that because Obama was PotUS, he was to blame!
(Which is the kind of ignorance that the RabidRight loves to pander!)
*Because it is was the direct consequence of the SubPrime Mess
that had happened much earlier!
My Point:
What had provoked the Great Recession was the SubPrime Mess that Bush2 failed to react to sufficiently during HIS REPLICANT ADMINISTRATION!
Worst yet: When the American people foolishly voted control of the HofR over to the Replicants in 2010 midterms, they then refused any further Stimulus Spending - so no new jobs were created from 2010 to February, 2014!
Also seen that factual evidence graphic cited above!
Which makes your inference (that I copy above) a lot of you-know-what (called BS)!