Oxford Dictionary has chosen the term "omnishambles" as its word of the year. I just heard a story on NPR this morning referencing this term, and thought it was perfect for describing our current state of affairs.
omnishambles - "a situation that has been comprehensively mismanaged, characterized by a string of blunders and miscalculations"
http://www.cbsnews.com/8301-202_162-57548810/word-of-the-year-omnishambles/
omnishambles - "a situation that has been comprehensively mismanaged, characterized by a string of blunders and miscalculations"
http://www.cbsnews.com/8301-202_162-57548810/word-of-the-year-omnishambles/