Four months from today, the voters will be going to the polls. Things are not looking godd for the incumbent President. 8.2% is the latest official unemployment number, and with 80,000 jobs created in June, indicators point to a very weak, if not completely stalled recovery. Even VP Joe "bite me" Biden says it is a depression for millions.
Rep. Henry Waxman (D-CA) told CSPAN this week,
“The economy has not recovered… I think it’s a depression.”
A recession is when your neighbor loses his job. A depression is when you lose yours. In 2012, a recovery begins when Barack Obama loses his!