Because Obama is just proving that denial is not just a river in Egypt.Double digit inflation, dollar devaluation, housing markets a mess and an unemployment increase of 9000 for last week all prove otherwise.It's a Fantasy-Island attempt to hoodwink the electorate along with the 26% who approve him already living there.
In the midst of our second recession, why is Obama saying that the U.S. Is not in danger of a second recession?
Predictions of recession tend to be self-fulfilling prophecy. No sane politician will predict a recession.