Eventually the two realms — economic and political — will collide. As elections draw near politicians on both sides and the MSM political coverage become very interested all of a sudden in the CPI, the Dow Jones, the trade deficit, and other financial indicators of our economic health.
She further goes on to state that the collision has taken place and the proof is in the President's poll numbers:
Rasmussen shows just how dramatic a change we have seen:
The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 30% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as president. Thirty-eight percent (38%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -8. … Thirty-nine percent (39%) now give the president good or excellent marks for handling the economy while 43% say he is doing a poor job. Those are by far his lowest ratings yet on the economy. … Overall, 51% of voters say they at least somewhat approve of the president’s performance so far. Forty-eight percent (48%) now disapprove.
And the reason Obama's political fantasy is fragmenting is because reality is factual and the economic facts cannot be ignored, Obama's spending is doing nothing to thwart the downward spiraling of the USA's economy. Jennifer Rubin continues here analysis stating, "not even the New York Times can ignore the economic reality and its impact on the public’s assessment of the president’s performance:
With unemployment already at 9.5 percent and likely to exceed 10 percent, much higher than White House officials predicted back in February, Mr. Obama has been facing attacks that his $787 billion stimulus program was either too timid or wrong-headed or both. Now, just five months after Congress agreed on the plan, with only a fraction of the money actually out the door, Washington is debating the need for a second round of stimulus amid economic and political crosscurrents."
Jon Stewart has even started to lose optimism in President Obama with his, "That's Great Now Fix the Economy:'
The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
That's Great Now Fix the Economy | ||||
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