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A stupid made-up word by Sean Hannity and Rush Limbaugh to say Barack Obama caused the economy to go to hell. It was already烂 before he got elected, but they just had to blame him for everything.
'Obama Recession? Pfft, that's just a fancy way of saying I'm angry at the government.', Sean Hannity, 2009
'Obama Recession? I'm gonna make a whole book about it.', Rush Limbaugh, 2010
DM from a confused kid: 'Why is the economy bad? Is it because of Obama?', replied by a parent: 'No, it's because of the Obama Recession.'