The "Peter Principle" Lives on

Obama: Recession May 'Linger'

Having risen to his highest level of incompetence with at least 4 years of longevity, little things like this ensure that, no matter how bad he screws up--and how bad we're caused to suffer--he warned us ahead of time, so he doesn't have to take either the blame or the responsibility for it. He can simply throw up his hands, shrug, and just keep humming along.