An acquaintance who is a fanatical Ron Paul fan told me that "The economy is the only thing Obama's good on"! Let that sink in a minute. This is someone who a couple years ago was warning that we were headed for hyperinflation, Greek-style default, etc.
When a guy like that is saying something grudging like this about the issue American voters generally find the most important, it's a bad, bad, bad sign for the GOP. And they didn't need any more bad signs.