
Apologist is probably the wrong word here, since apologists attempted to use reason and logic to explain their beliefs. Our President on the other hand simply seems to try and make excuses. As Hurricane Irene makes it's rather anti-climatic landfall (and I don't mean to minimize the fact that people have died as a result of the storm) I am reminded of the President's recent speeches to explain away the economy under his watch.
Recently, President Obama has been explaining how his economic policies have actually saved the economy, it's just that we've had to deal with the "Arab Spring" (which I'm pretty sure is going to go badly in the end and Egypt is already showing signs to that end) driving up oil prices (which I'm sure wouldn't be ameliorated by the Obama administration getting out of contempt of court and allowing drilling or at least not actively trying to stop drilling) and the tsunami which hit Japan. At any given moment I'm certain the recent minor earthquake in the northeast and Hurricane Irene will be convenient excuses as well. Clearly, our current President has suffered under the great strain of incredible events (grab a mop, my sarcasm may be dripping on your floor).
So let's review the 8 years prior to see if maybe similar accidents tanked the economy by comparison. September 11, 2001, terrorists fly two planes into the Twin Towers in New York City. The only historical comparison in American history would be Pearl Harbor. In fact, after September 11, 2001, the country experienced an actual growth of economic output after having had three consecutive quarters of decline (which is probably some evidence that President Bush was horrible on domestic economic issues and more akin to Obama than Reagan).
December 24, 2004, a tsunami struck most of the countries bordering the Indian Ocean. I haven't found data on this, but I'm going to guess, given the areas affected, the Japanese tsunami actually had a greater worldwide economic impact. However, both should mainly affect imported goods and increase the desirability of exported goods from the U.S. GDP slowed from a 6.4% rate of growth to 4.6% in the first quarter of 2005.
August 29, 2005, Hurricane Katrina nearly destroyed New Orleans and much of the Gulf Coast causing an estimated $81 billion in damages (or 1/10 of a "stimulus" bill) making it the costliest U.S. hurricane on record. It was quickly followed by Hurricane Rita in September, which tried to kill the rest of the Gulf Coast west of New Orleans, tacking on another $11.3 billion in estimated damages (or 1/10 of the average Obama budget deficit). In October of 2005, Hurricane Wilma, the forgotten stepchild of a season in which saw the National Hurricane Center resorting to the use of the Greek alphabet because the 26 letters we use didn't cover the number of storms, handed Florida its metaphorical hat, causing an additional $20.6 billion in damages to the United States. The most active hurricane season in recorded history finished with tropical storm Zeta, having caused over $110 billion in damages to the United States. Yet once again, the economy grew from 2005 to 2006.
So, in the space of 4 years (or one Presidential term), President George W. Bush, whose economic policies I will not defend for one second as for the most part they were just a slower version of President Obama's, presided over an incredible period of domestic disaster and terrorism, on top of global disaster. Yet somehow, despite all of this, the economy grew during the period of his presidency until 2009, which was when Democrats took control of the Congress (judge for yourself if that was coincidence). Similarly, during the majority of the Bush presidency, the unemployment rate was less than 6%, suddenly spiking in late 2008 to 2009 and achieving its current, sustained 9% + rate under the careful guidance of central economic planning. While we have seen a resumption of growth in GDP, employment has remained low. I would argue that this is a result of regulatory uncertainty and historic growth in government interference in the economy along with a continued uncertainty as to tax rates. Again, I am not a fan of President Bush's economic policies, but to make a disease comparison, he was diabetes compared to President Obama's Ebola (I'm not suggesting he is African, so insert whatever hemorrhagic fever you are comfortable with here) economy.
So President Obama's "blame Bush, blame tectonic plates, blame Islamic extremists overthrowing despotic morons, blame anybody but the empirically disprovable Keynsian statism I advocate" speeches just don't strike me as being genuine. But then I'm biased because nothing about him ever has struck me as genuine.