What Do Economists Think of Obama Now?

Published on March 12, 2009 By Island Dog In Politics

Remember how they were so confident in Obama before?

“President Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the economy from participants in the latest Wall Street Journal forecasting survey.

On average, they gave the president a mark of 59 out of 100, and although there was a broad range of marks, 42 percent of respondents graded Obama below 60. Geithner fared even worse, with an average grade of 51. Federal Reserve Chairman Ben Bernanke scored better, with an average 71.

"The Obama team has blown it," said David Resler of Nomura Securities.”

http://www.foxnews.com/politics/first100days/2009/03/11/obama-geithner-receive-failing-grades-latest-survey/

Comments

watertown1978

on Mar 12, 2009

dont worry the BO nutswingers will spin this into something good.

aeortar

on Mar 12, 2009

70% of participants said the response of governments around the world to the global recession has been inadequate

Unfortunately from what I could read they didn't give the precise figure for Obama, simply saying "a majority" were dissatisfied with the administrations policies.

Nitro Cruiser

on Mar 20, 2009

Smoke and mirrors were used to get the stimulus bill passed through before anyone had a chance to read it through. Now the the flaws are floating to the surface for all too see in their full glory (AIG bonuses).

Funny thing the government told us that we got in this mess partly because some folks didn't read or understand the mortgages they were signing. Seems many in Congress belong to the same class of idiots, they sign without reading or understanding.

Daiwa

on Mar 20, 2009

Congress is guilty of the same thing they've accused the 'greedy mortgage lenders' of doing - stealing our money by deception. Will Rogers had it right.

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