What economic recovery? Obama is now warning of a double dip recession.

Well, that can play two ways.

One, preparing for the real possibility that the economy remains in the crapper.

Or, the way that Obama wishes it will play out - that the economy rebounds and improves above and beyond the economists and expectations, without the double dip. He’s hoping that the double dip doesn’t happen since that would seriously harm Democrat political aspirations for 2010.