The Associated Press (AP) recently reported President Barack Obama's campaign team hoped that by now, the lethargic U.S. economy would be perking up as it had for President Ronald Reagan in the summer of 1984, setting the stage for Reagan's re-election rout.
Barack Obama's only connection to Ronald Reagan is that they both resided at 1600 Pennsylvania Avenue and the scientific community is united in that fact.
To paraphrase Ronald Reagan -- "Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Barack Obama loses his."