The chant "are you better off now that four years ago?" has Blue Virginia down.
It's not just the economic stats, but how you feel about things.
Is our economy now better than 1992?
Probably not. But people felt it was bad and that was bad for George H.W. Bush.
The Obama team can keep saying that kept things from being even worse. But you mainly feel what you see, not some hypothetical someone says to boost their standing.