There never was any "recovery". Economics, to a certain degree, benefits from a "wishing makes it so" mentality. A perfectly sound economy can be damaged by a false, but widespread, belief in its lack of soundness. The opposite is true, as well. Zippy was just trying to get a little something going by cheerleading.
We were broke 16 thousand billion dollars ago. Think about it-- we were broke 16 thousand billion dollars ago. No one, not a single person in the administration, is even talking about cuts to spending. The very best they'll consider is a reduction in the rate of growth. I cannot even imagine a situation where this ends well for us, with the possible exception of an explosion in domestic energy production that happens despite Zippy's best efforts to stifle it.