If that's the case, Congress has also been a failure. But that's another story.
This depends on how you view "failure". The purpose of the Federal government has always been national defense and regulation of interstate commerce. "Saving" the economy has never been a condition.
And better off if AlGore had been elected in 2000? That's insane. AlQaida would still be training in Afghanistan and branching out across Europe, Africa, South Asia and the Middle East. Saddam would still be systematically murdering his own people and would likely have some sort of WMD and the necessary delivery vehicle. Our economy would have been in shambles long ago with Gore's Global Warming Regulatory agenda.
Shows at least 50% of the population is stupid. BTW, they hated Lincoln, too.