If you pick pretty much any measurable indicator of national well-being, things got dramatically worse on Bush's watch: higher unemployment, lower real incomes, higher poverty, lower stock prices, higher deficits, and so on. It was already a lousy run even before we fell over the precipice into the worst financial catastrophe since the Great Depression. Throw in the unquantifiables, like the three-trillion-dollar screw-up in Iraq, the drowning of New Orleans, the biggest security failure in American history, eight years of failing to get Bin Laden, the torture scandals, and collapsing US approval ratings abroad, and Bush put together a resume that few presidents could hope to match. Relative to that, yes, we've obviously returned to a state of normalcy. Credit markets are unfrozen, unemployment's declining, deficits are down, stocks are up, we're no longer hemorrhaging in Iraq, Bin Laden's dead, our approval ratings have somewhat recovered abroad, murder rates and incarceration rates are both dropping, and so on. It hasn't been a stellar era, so far. I doubt Obama will get listed alongside greats like FDR... or even as high as Clinton. But he inherited an unmitigated catastrophe and seems poised to leave a country that looks pretty much like "business as usual," and that's an accomplishment, before you even consider landmark successes like healthcare reform.