/biz/, judging the way the US economy has been going for the last eight years let's dispel this fiction once and for all that Barack Obama doesn't know what he's doing. He knows exactly what he's doing; he's undergoing a systematic effort to change this country and make America more like the rest of the world. When I'm elected president we'll re-embrace what makes America the greatest country in the world and leave our children what they deserve; the greatest nation in the history of the world.
Obama saved the shittiest part of the economy and left the rest to fend for itself. His economic gains will mostly be lost in another downturn because investment toward expanding industries just hasn't materialized. Instead we had state credit creation for insolvent investment wings of banks that would have in any other decade been cut loose. As far as him knowing what he's doing, from the statements he made it does sound like he knows that he's only strengthening the finance sector and works with them to get their goals met. He appointed a guy who said his qualification for being a regulator is that he, "Has never been a regulator", and then let him systematically change the country so that his buds at Goldman Sachs could make a killing.
Admittedly most of his energy for radical change got eaten up just getting the incredibly compromised healthcare reforms through and he didn't have much clout left over to do anything else. I don't think his foreign policy was any different than George Bush though, and his attempts to keep the cold war 2 going are pretty disgusting.
Overall he was just like Clinton 1 and very similar to Bush in that he favored the powerful rich and kept them happy at the expense of the rest of the population. You're right that he didn't have no idea what he was doing, most of his supporters had no fucking clue what he was up to though.