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49 Economists Agree: Obama Sucks

It’s been the modus operandi of the Obama Administration to, instead of debating ideas, attacking the people who criticize them (just like the Bush Administration). So when non-ideological cats like Rick Santelli and Jim Cramer disagree with the O.A., there’s Minister of Propaganda Press Secretary Robert Gibbs to attack them and dismiss their criticism by highlighting a few mistakes taken out of context (again, just like how the Bush Administration would do).

When you have cats like Jack Welch and livelong Democrat Warren Buffett criticizing you as well…well, they’re a little harder to criticize.

Well, you can add to that list forty-nine economists polled by the Wall Street Journal who said, with their best Jon Lovitz impersonation, “It Stinks!” From the article

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…

[E]conomists’ main criticism of the Obama team centered on delays in enacting key parts of plans to rescue banks. “They overpromised and underdelivered,” said Stephen Stanley of RBS Greenwich Capital. “Secretary Geithner scheduled a big speech and came out with just a vague blueprint. The uncertainty is hanging over everyone’s head.”…

The economists’ negative ratings mark a turnaround in opinion. In December, before Mr. Obama took office, three-quarters of respondents said the incoming administration’s economic team was better than the departing Bush team. However, Mr. Geithner’s latest marks are lower than the average grade of 57 that former Treasury Secretary Henry Paulson received in January.

Capt. Ed throws in some commentary

On the other hand, what’s his excuse for forgetting to staff the Treasury Department or sending Geithner out to announce his plan when he doesn’t have a plan yet? Reserve a special place for those two missteps in your rapidly bulging “What if Bush did it?” file, please.

It’s going to be a long, long, loooong two years until the midterms.

UPDATE: Hmmm…

UPDATE DEUX: Nuance indeed!

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One Comment on “49 Economists Agree: Obama Sucks

  1. LAAWRENCIA
    October 11, 2009

    all you that are talking bout obama yall just hatein cause its not you out there and the person who rote this is so stupied and just cause i am 11 dose not mean jack cause yall just want to lay on the couch and watch tv and ev ery time you see something bout obama you watch it so you can complain bout how black his tail is well i am here to tell you to shut the freck up before that you or your parants did not let you see it was good you would not know that cause yall white people to stuiped to see that he is trying to help you and you always talking bout obama my name is lawrencia a and STOP TALKING BOUT MY PRESIDENT

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This entry was posted on March 12, 2009 by in Politics, Politics, Politics and tagged , , .

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