The Council of Economic Advisers has released the 2010 Economic Report of the President.  You can find a link to the full report, as well as a summary of the highlights, here. 


Quick summary: The economy was a mess when President Obama came into office, because of problems that were a long time in the making, including stagnating middle class incomes, rising health care costs, and flawed and under-regulated financial markets.  The economy is still not great, with a slow recovery and lagging job formation expected, but it is in better shape than it would have been if the stimulus bills had not been implemented.  We should still do more.  Pass jobs support and health care reform now!