Well, folks, it is now officially Obama’s economy… he has even asked for it!

WASHINGTON – With four simple words — “Give it to me!” — President Barack Obama took possession of the economy.

For months, the White House and Obama’s economic team have laid the economic crisis at the feet of President George W. Bush. But there comes a point in a presidency when inheritance becomes ownership. Obama made that pivot this week in Michigan, the state suffering the worst unemployment in the nation.

“I love these folks who helped get us in this mess and then suddenly say, ‘Well, this is Obama’s economy,’” the president said, pointedly deviating from his prepared text. “That’s fine. Give it to me!”

It was a defiant moment, reminiscent of Bush’s own “Bring ‘em on!” taunt in 2003 to militants in Iraq.

Remember that when the economy is still in the doldrums in 2010 and 2012.