People Less HopeyChangey On Barry’s Economy

I wonder how he will blame this on Bush? He spent more time yesterday blaming Bush, excuse me, the previous administration, during his jobs speech (which Rush Limbaugh tore apart, check out this post by Nice Deb), and is now saying he was against the TARP, despite voting for it. And people are not enthused by what President Bush is doing to reverse the recession. What? Bush isn’t in office anymore? Some other guy who never ran even a lemonade stand is president?

Two years into the recession, Americans don’t see economic conditions getting better any time soon, and the steady growth in optimism that previous surveys measured throughout the year appears to have stalled, according to a new national poll.

A CNN/Opinion Research Corp. survey released Tuesday indicates that 34 percent of those questioned say that things are going well in the country today. That finding is 14 percentage points higher than a year ago but a dip of 3 points since November.

“This the first time in Barack Obama’s presidency that this number has gone down,” said Keating Holland, CNN’s polling director.

According to the survey, 39 percent of the respondents said the country is still in a downturn, up 6 percentage points from last month. Nearly half of those questioned said the economy has stabilized and a small minority, 15 percent, think the country is starting to recover.

Forty three percent are worried about the economy going way south and turning into a depression in the next 12 months. And 40% say the economy is the top concern, compared to 17% who say health care is their top concern. But, if the main people you have working for you are political hacks with little real world experience, and you are still not staffing the Treasury Dept, well, things will be tough.

From a personal stand point, I am getting a little concerned. My industry has seen growth during the recession, but, it finally seemed to hit us starting in October, with the worst November I have seen, well, ever. And December is rather tepid. People are concerned. Hope is fading.

Share this!

Enjoy reading? Share it with your friends!