Being a communist has nothing to do with flying the American flag. You are thinking "communist" in terms of the evil Soviet Union. It's a social philosophy which is to the right of socialism. His parents and grand parents were communists. C'mon now, these are known facts. No need to start name calling.
How do you get "drive the economy further into the ground" from a stock market that is about 50% above whee it was when he took office, and a housing market that is now growing and showing signs of a shortage of available new houses?
The thing that's driving the economy into the ground right now is a Congress that refuses to fix the federal budget and avoid the January fiscal cliff.