If Obama starts using that line in his speeches, it will get a lot of laughs.
Are Americans better off today than they were four years ago?
That's the question Fox News Sunday host Chris Wallace immediately posed to President Barack Obama's Senior Adviser David Axelrod, who didn't quite answer directly.
"We're in a better position than we were four years ago." Axelrod said, citing, for example, how the nation has experienced 29 straight months of jobs growth.
He acknowledged that the nation's economy isn't where Obama would like it to be, but that he inherited an extremely dire situation.
"It's going to take some time to work through it," Axelrod said, taking the opportunity to pan Republican presidential nominee Mitt Romney "never offered anyone a plausible alternative" during last week's Republican Nnational Convention in Tampa, Fla.
"In that sense, his convention was a terrible failure," Axelrod argued.
And Mr. Axelrod is an expert on failures.
Everything is more expensive than it was 4 years ago, especially energy and food. As far as job growth, more people are out of work today than 2 1/2 years ago when Axelrod says the monthly jobs increase started. Far more people are too discouraged to look for work than 2 1/2 years ago.
I don't think there are many people who would say that 8.3% unemployment is worse than 10% unemployment. But after 4 years, to say that we are in a "better position" will sound like a lie to a lot of people.