Obama will take blame if it carries on for a long time and the effects end up being obvious. And that truth is conventional wisdom. I don't know where you get the impression he can sail through this if bad things start happening. GOP will also take heavy heat. Obviously the House has an election in 2 years, Obama will never have one again...that's the real advantage from a political perspective. Dems basically put it all on a Obama...he eats the sin from his 2nd term immunity...GOP have to fight to stay.