President Obama has a new rap song.

Well, not really.

One of the hottest new videos on YouTube is a parody of Jamie Foxx's hit song, "Blame It on the Alcohol."

But instead of rapping about booze, a Barack Obama look-alike raps about the bad economy, blaming it on everything from former President George Bush to the news media. There's even a dead ringer for Michelle Obama and Sarah Palin.

Click our link to watch it.

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