The notion that we are in a recovery is completely absurd, a fiction based on lying with statistics. There has been a minor repeat of a real estate bubble, designed to shift risk off the balance sheets of Banks and another sub-prime mortgage scandal temporarily lifting the auto industry waiting in the wings. Corporate profits remain high.
While you may be correct that we are much better off than Spain, Italy or Greece, the parallels are more common than the differences. In those countries the suffering of the poor is counted, unlike here where it s erased. In many parts of the USA unemployment is just as high as those countries. A recovery can be claimed when the law of the land (Humphrey-Hawkins) is enforced instead of CEO bonus contracts based on profits extracted directly from bailout money, at the public's expense.
There is a substantial, much appreciated difference in rhetoric between Obama and Bush, but little material difference. The systematic looting of public resources by wealthy elites remains rampant, a work in progress, for which Obama acts as a buffer.