With all the reported hand wringing and declarations of failure

About the Obama administration, you can't retort better than David Corn:

It's not my job to do White House press secretary Robert GIbbs' job. But, jeez, in less than two months, Obama has passed one of the biggest spending packages in history (yeah, it has pork in it, as well as billions for progressive programs) and has crafted a budget loaded with various innovations (and hundreds of billions of dollars for expanding health care). He's signed a bunch of executive orders implementing fundamental change on assorted matters of significance,: Gitmo, torture, FOIA, ethics, family planning funds, stem cells research and more. He's signed into law an equal pay bill and a measure expanding the state children's health insurance program. He's brought science back into federal agency decision-making. He's begun a withdrawal in Iraq. He's ordered a review of policy in Afghanistan. He's seeking fresh starts in US relations with Russia and Iran. He's rolled out plans--detailed or not--for dealing with the banking crisis, the mortgage crisis, toxic assets, and excessive corporate compensation. In the works is an additional plan for financial reregulation. And he's done all of this while staffing up the federal government and initiating the process of appointing federal judges.

Bush had eight years to fuck up and he still found it convenient to blame Clinton. Obama has been in office exactly HOW many weeks?

Give the man some space to do his work and some time to get it rolling.