Actually not a bad piece at The Daily Beast.

People are still hurting, the president conceded, but look on the bright side: Unemployment has fallen two whole percentage points to 9.7 percent, and the economy is getting stronger, with three consecutive quarters of positive GDP growth.

His stimulus package was supposed to produce shovel-ready jobs that would repair our infrastructure much like the various public-works programs instituted by Hoover and Roosevelt. But instead of spending the money on building roads and bridges, states have hoarded much of the stimulus cash to keep their own workforces fat and happy.

To borrow a phrase: “Prosperity is right around the corner.”

I'm not saying I buy into the doom and gloom. I'm not necessarily convinced that Gasparino totally buys into it either, mostly because he bothers to let the audience know that even he doesn't really believe most of what he's saying:

I’m not saying we are headed for a replay of the 1930s—read up on the history of economic booms and busts, and you’ll see they’re different in their own way—but there are disturbing similarities: Buried in those wonderful economic numbers, which the president touted on Friday, was the fact that almost all of the job growth was a function of the government’s hire of temporary census workers, rather than businesses beginning to hire again.

Still though, it's a fun little bit of history.

Anyway, the rest of it amounts to to good ol fashion partisan feces slinging, which you expect from a hack like Gasparino so here's your hackyness:

In the last election, several Republicans I know jumped party lines to vote for Obama because they believed that Mr. Hope and Change was somehow different, smart and driven enough to put aside ideology to do what’s right for the country. What they (and many independents) are finding out, however, is that President Obama isn’t hope and change but a throwback to a different era—a time when unemployment remained high yet the president talked an optimistic game and “prosperity was just around the corner.”

Ohhhh no! Because if it's one thing that will make me question my ship jumping voting decisions, it's a business correspondent implying that---in order to avoid depression era politics---I should have voted for a guy who was born during the friggen depression. That's right folks: difficult economic times could have been avoided had we just voted for the retread and the retard (it's ok, it's satire).