Bill O'Reilly: Obama Vacation Good, Since He Won't Be Meddling With Economy (VIDEO)

Bill O'Reilly stuck up for President Obama on his Monday show -- before bashing him for his handling of the economy.

O'Reilly was back from vacation (guest host Laura Ingraham ensured that things stayed nice andcontroversial while he was away) and began his show with some musings on Obama's current vacation. Noting that many on the right have been critical of him for taking the vacation during dire economic times, O'Reilly nevertheless dismissed the criticisms.

"Fair-minded Americans understand that presidents deserve downtime with their families, and these guys do work on vacation, just as I and millions of other folks do," he said.

Ah, but O'Reilly wasn't done! He also had a more pointed reason for wanting Obama off the scene.

"It's absolutely better for all of us -- all of us! -- if President Obama stays out of economic matters for now," he said, before launching into a list of what he saw as the myriad economic failures of the Obama administration.