Barack from Martha’s Vineyard: ‘I hope all Americans are enjoying the Summer of Recovery as much as I am!’

Unemployment: an appalling 9.6%. Sale of existing houses: down 27%. Iran this week went full-on nuke. Costs for health insurance and credit cards, both newly under the vice grips of the feds: soaring. Stock markets: cratering. Businesses by the millions: laying off and hoping to survive a tsunami of new taxes and regulations.

Barry: 'The Summer of Recovery is going really great, I've gotten in 48 rounds of golf and we ate lobster last night!'

Welcome to the “Summer of Recovery,” inflicted on us by Barry-Harry-and-Nancy. The only ones thriving during this nation-wide malaise are, well, Barack and his family, deep into their 192nd vacation at the playground of the liberal monied class, Martha’s Vineyard.

As our royal First Fam spends tens of millions globetrotting from Maine to Spain on Air Force One, things have gotten so bad that Newsweek hasn’t run a fawning cover story on Michelle for three weeks.

'Syd could have bought a single copy for $4.95, but thanks to my economic programs, he got the entire company for $1!'

And, in a confirmation where we’re heading under Obamanomics: Newsweek was sold this month to billionaire progressive Sydney Harman for $1, or $4 less than the price of a single issue. But not to worry: Syd promises that the tepid weekly mag is planning a major investigative piece on Michelle’s vegetable garden.

Only poor Veep Joe ‘Bite Me’ Biden can keep a straight face while publicly declaring that things under the neo-socialist policies of the Dems are getting better. Ole Joe was at this again this week, telling us that “we’re on the right track!” What he didn’t mention is that this track leads straight off a cliff.

Even press hack Bobbie Gibbs has gone AWOL. Rumors are flying that Gibbs no longer can keep it together during his daily pep rally with his media pals and is planning to bail. One source close to the administration tells the Siesta Keyster that Gibby will be joining the staff of the Jiffy Lube in Weehawken, N.J., as tire pressure assistant.

So the ‘Summer of Recovery’ joins other infamous campaigns and products that didn’t quite turn out the way their proponents intended:

Winter of Winning: The 1976 Tampa Bay Buccaneers managed to run the table in the NFL, posting an 0-14 mark. The Obama administration is on track to match this record for futility, as every major program to date has gone down in flames.

Building a Marriage that Lasts: This 12-week DVD series by John ‘Two Americas’ Edwards and Tiger Woods was sold on late night info-mercials in 2008. Only two sales were recorded, one to Bill Clinton and the other to Jesse James (aka, Mr. Sandra Bullock).

'The 1976 AMC Pacer was a great car, I've told GM to bring back a reissue only with hybrid technology!'

The AMC Pacer, Car of the Future: Slow yet thirsty, so leaky it rusted from the inside out, the AMC Pacer was widely regarded as the ugliest vehicle ever sold. Taxpayers are most fortunate Barack wasn’t around in 1987 when AMC went out of biz or we’d all be subsidizing the suckers who bought one of these babies.