I don't like either of them.
The deficit is terrible right now. I don't think the media is overreacting at all.
Obama didn't prevent a second great depression, they're just raising the debt limit. Yes people are still buying things, but a vast majority of them are using credit cards and racking up a lot of debt. Is there mass poverty? Yes there is, and it's quite evident that job market is absolutely awful.
Also, check this out: http://www.brillig.com/debt_clock/
Pretty scary to see how much it goes up in a matter of seconds.
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How did he not prevent a second great depression? If he didn't bail out the banks MILLIONS wouldve been locked out of their bank accounts, then there would've been no money at all. He bailed out the auto companies from bankruptcy and laying off all their employees.
You're blind if you don't see what he prevented.
There's homeless people in the streets in every city, there is not mass poverty, or you're idea of poverty is highly askewed.