“Well it IS both. He’s fowling up the economy through lefty policy, and the economy in turn reflects badly on him.”
You’ve just defined the Marxist Do Loop!! They still think that the problem isn’t philosophical, but rather just poor execution. They just haven’t found the right person to manage the implementation!
Obama and his team know his policies are not helpful to the economy.
They do not want an improving economy, because that would make the ultimate goal of class warfare redistribution that much more difficult to implement.