According to The New Yorker's endorsement of Barack Obama it certainly seems to be. They describe the legacy of George W. Bush and what Obama inherited as he entered office:
So what is Obama's record? Has he done absolutely nothing as the GOP talking points and their echo boxes on this forum claim? The New Yorker outlines Obama's accomplishments on the above issues that were handed to him by the GOP in 2008 and more.
And...
(Read The New Yorker's endorsement HERE.)
Is the United States better off in 2012 than in 2008? Not to those suffering from Romnesia, but when you look back on the state of America on Inauguration Day and see all that Obama has accomplished amidst some of the worst legislative stonewalling from the GOP in the nation's history, it seems pretty dishonest to say that he has accomplished "nothing" in 4 years.