I think Clinton actually has a great strategy. The next president and his party will be blamed for the Great Recession. She is insuring that McCain will win by weakening Obauma, so she can run 2012.
She will be a great president, because times will get better under her administration. It will not be because “you can only go up once you hit bottom”.
After all her husband was given credit for the Internet boom that started when the Internet was privatised in 1992 (under Bush 41,just one day after Gore created it). It is not what you do, but what you get credit for doing.