They named it - ‘Obama Depression’

He is delusional. He really thinks he can take over power as did FDR (thanks NewYorker).

In two years he doubled the debt from 36% of GDP to 72% of GDP.

Analyst: Even Dollar Stores Struggling In ‘Obama Depression’ « CBS Los Angeles

July 11, 2011

LOS ANGELES (CBS) — More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn.

While the demand at stores like the 99-Cent Store or Dollar Tree is still relatively high, the biggest chains in the nation have fallen short of Wall Street’s expectations for several months, a trend that may prove even more ominous for the economy at large.

[read on at link]