We never came out of the 2008 inspired recession and now we are in the first stages of a deflationary depression.
I have never believed that we came out of that recession. The only thing "booming" in this economy is the stock market. We have a very low job participation rate, the unemployment numbers keep getting better because people are running out of their benefits because they have been out of work for so long.
The other problem is that we have become a "part-time" nation; which, can be layed firmly at the feet of Obamacare.
Everything, everything that this Bozo in the WH has touched has gotten worse. He has a reverse Midas touch. Instead of gold, we get ----(I'll let you fill in the blank).