I think the president has a verylow impact on near term economic activity, and only a middling effect on long term economic activity.
I can tell you that you are flat out wrong. I work as a product support rep for the Caterpillar dealership in Alabama. I cover a territory that consists of the entire northern half of the state. I have general construction, forestry, quarry, paving, concrete, and manufacturing customers. Needless to say, my customer base is very wide and covers a broad spectrum of small to mid-sized business.
In the months leading up to the election I heard business owner after business owner tell me the same thing. "We've got to get him out of office". The massive costs of Obamacare, the massive burden of an ever growing list of regulations, the specter of raising taxes, the uncertainty of the next anti-business move from Obama. All these things work together to make business owners sit on what little money they have and prevents them from investing in anything unless they just absolutely have to.
And it's not just business owners in Alabama who say this. My job brings me into contact with guys from Cat dealerships all over North America. I talk to guys from all four corners of the US. They all are hearing the same thing from their customers.
Whats worse is these same business owners also said going into the election that they were ready to start investing, start new projects, start hiring if a pro-business attitude was seen coming from Washington. The best way this could have happened was to elect Romney and give the Senate to Republicans. This is not Fox propaganda, this is coming straight from the mouths of the actual job creators themselves.
But instead of getting Obama and the dems out, the American people put them back in. Now we are learning the true meaning of the phrase "elections have consequences".