U.S. President Barack 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.
The economists' assessment stands in stark contrast with Mr. Obama's popularity with the public, with a recent Wall Street Journal/NBC poll giving him a 60% approval rating. A majority of the 49 economists polled said they were dissatisfied with the administration's economic policies.
On average, they gave the president a grade of 59 out of 100, and although there was a broad range of marks, 42% of respondents rated Mr. Obama below 60. Mr. Geithner received an average grade of 51. Federal Reserve Chairman Ben Bernanke scored better, with an average 71.
http://online.wsj.com/article/SB123671107124286261.html#video%3DA486C05E-8A2D-4133-98E3-C9E5C236A670%26articleTabs%3DarticleOk now lets look at how these economists stack up:
February 2008: 76% of the economists surveyed by the WSJ said they supported either McCain or Romney on economic policy over Obama or Clinton
May 2008: 75% of these economists said they preferred McCain's fiscal policy to Obama's
August 2008: 49% said the recession had already ended, and 50% believed the economy would be the same or better by election day.
September 2008: 66% said they opposed any new stimulus plan
December 2008: the economists predicted the unemployment rate would peak at 8.4%. It's already at 8.1% and rising.
In short, this was a survey of the same bloody idiots who got us into the mess President Obama is now trying to extract us from.
Thank god they don't approve of the job he's doing! Their disapproval is a badge of freaking honor!
www.dailykos.com