It sure looks like it as the DC Jobs Report for August was the worst for 11 months as Obama's New Deal still looks as unlikely as ever to kick-start the economy and jobs creation.Consumer spending hit a 2-year low and the Dow and S&P 500 both hit 10-year lows which all offset infrastructure investment and spending which in turn has a negative impact on job creation.Further evidence ( if any was needed ) of Obama's consistent failure to manage the economy.