Obama Promised 1 Term If Economy Bad

Let's not forget the president's own words right after his inauguration. In a February 2009 interview with Matt Lauer, Obama stated that his presidency would be "one-term proposition" if the economy didn't recover in 3 years.

Despite the MSM's insistence that we've been recovering, the economy has made very little improvement since that interview. GDP has been growing at an infinitesimal 1-2% per annum (currently 1.3% with 20 states indicating a return to recession) and the U-6 unemployment rate (the real unemployment rate) is still hovering around 20%. What's more, median household incomes are down 24%. But is Obama fulfilling his promise and bowing out of the race? Of course not. The only way that his presidency will be a "one-term proposition" is if he's defeated 3 weeks from now.