The New Haberdasher

In Major Gaffe, Obama Forgets To Dumb It Down | The Onion - America's Finest News Source

All satire is based in truth.

This could very easily be an entirely real story.  From the post:

“Instead of saying, ‘There are many global variables at work here, and unless they all fall into place, we could find ourselves back in a recession,’ he should have just said, ‘Times are hard. We gotta be strong,”

Read more at the Onion.com