Americans are indeed intelligent but alas u r not. Under Obama the S&P and 401ks have soared.
The S&P 500 was around 800 when GWB left and it was 1400 on re-election day. Yes Obama is wrong to raise tax rates on the "2 percent" and I happen to be amongst them but HE IS NO WARMONGER like the Repubs have unfortunately become. If Romney had won we would have at least 2 new Mideast wars on the credit card and revisited 800 on the S&P.
So be very thankful. Returning to Clinton era plus tax rates is bad but not anywhere near as bad as unending wars on the credit card.