Obamanomics
I love it!
Obamanomics, the definition of; The U.S. based National Bureau of Economic Research (NBER) defines Obamanomics as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.”[3] A sustained recession may become a depression.