If the period between December 2007 and June 2009 constitutes the “Great Recession,” the period since then can be labeled the “Great Disappointment,” says star economist David Rosenberg.

In a recent report obtained by Business Insider, Rosenberg, chief economist at Gluskin Sheff, rattles off several statistics to illustrate the recovery’s weakness.

• While GDP has recouped 69 percent of its loss since hitting a low in June 2009, employment has recouped only 9 percent of its losses since hitting a low in December 2009.

• Household net worth has recovered only 28 percent since its low in the first quarter of 2009.

• Wages and salaries have rebounded only 36 percent from their March 2009 lows.

• Housing starts have recouped only 7 percent of their losses since their April 2009 low.

• Home prices have recovered only 13 percent from their low in April 2009.

• Consumer sentiment has regained only 27 percent of its losses since hitting a low in November 2008.

• “New and existing home sales are at all-time lows. They have never recovered.”

All that adds up to the “Great Disappointment,” Rosenberg says.

While some believe these numbers point to a double-dip recession, Investment legend Warren Buffett isn’t one of them.

"I am a huge bull on this country,” he told CNBC. We are not going to have a double-dip recession at all."