DATA DRIVEN VIEWPOINT: When Obama took office the economy was in a tailspin. We ere loosing 818 thousand jobs per month. During the first half of his term (first half of graphs) he had a Democrat majority in both houses while Republicans in Congress filibustered every Obama initiative. Still, Obama's economic stimulus passed and its impact can be seen in the first several years of data. During the second half of his term Republicans gained control of the House of Representative and effectively block most Obama initiatives on the economy (reflected in the second half of the graphs below) The Housing and foreclosure problems were not properly addressed by a do-nothing Congress, while business and the financial markets came roaring back. We can thank CNN, Money and Fortune for compiling this snapshot of the Obama economy.