We are in that summer of recovery, version 2.0. Meet the new summer of recovery, same as the old summer of reckovery. 3 million jobs have been lost since Obama took office, the unemployment rate is at 9.2% 2 1/2 years after Obama promised it wouldn't go above 8, and we're $4 trillion further in debt. And Geithner defends his remarks? In short, yes:
UPDATE: Linked by Instapundit! Thank you!