Transplant, unemployment is at a record low and wages have increased dramatically while they stayed stagnant under Obama. The true test of an economy is wages.
Why did the economy shitthebed in '08? Look up the origins of the CRA and the democrat push for extending bad loans and the coverup by dems like Barney Frank. The CRA was created in Carter's term and expanded in Clinton's time. Bush tried to get it reigned in several times to no avail. There are other factors involved in the collapse but those factors wouldn't have come in to play without the underlying bad loans created by the CRA.