Posted on 08/10/2011 6:53:26 AM PDT by Oldeconomybuyer
President Barack Obama is getting hammered on all sides for a stumbling U.S. economy and his uneven response to it, raising pressure on him to take steps to create jobs or risk being ousted in next year's election.
With markets in turmoil and the jobless rate stuck above 9 percent, Obama is struggling to instill a sense of confidence that there is a way out of the maelstrom.
He received negative reviews from pundits for a speech on Monday that offered no new policy ideas and failed to cushion a steep sell-off on Wall Street.
The president also is getting no sympathy from the right or left for a debt deal that averted a U.S. government default a week ago -- a debate that brought talk of any plan to create jobs to a screeching halt.
Obama's liberal supporters criticize the spending cuts included in the deal. Republicans want more cuts without tax increases. And Standard and Poor's still downgraded the U.S. credit rating and said the agreement just did not go far enough. That, coupled with poor economic news, sparked a market downturn that hurt Obama and voters' view of his leadership.
(Excerpt) Read more at reuters.com ...
“...pressure on him to take steps to create jobs...”
If he wants to create jobs, let him resign the Presidency and start a business!
Oh wait! That takes skill and hard work.
... and I have no conceivable idea of any possible reason why!
Uneven response? I'd say his response has been quite steady; totally worthless.
I think he will turn people off even more when he goes on his expensive vacation while the rest of us eat peas.
All the smart sounding solutions he heard in the faculty lounge about fairness and social justice don't work in the real world.
O has been petty, mean-spirited and rigidly leftist in his statements.
Nobody with a lick of sense believes he was “struggling to instill confidence”.
About the only thing that would inspire confidence would be to see him walking towards a tree with a rope in his hand.
OK apparently with the stock market plunging, the MSM lib empty suits who have been shilling 24/7 for Zero are starting to lose their own money/net worth....and they are not happy about that.
I took a jog over to DU yesterday and was hard-pressed to find ONE positive comment about the Messiah on multiple threads.
I even saw quite a few comments discussing who might be a viable primary opponent.
The debt deal was definitely a deal-breaker for the Won.
I am inclined to agree he is toast. There is absolutely nothing he can do to turn the jobs situation around except a) backtrack completely on every policy he’s ever had, which he won’t do, or b) recreate a massive WPA public employment program, which he won’t get the money to do.
The only caveat is that if some Ross Perot-type populist jumps into the race bashing the banks and Wall Street, he might eek out a thin plurality in a three-way split.
LLS
Funny… I’ve kinda seen Obama as the ultimate confidence man.
_residentin’ be hard.
He has one big play left; he can offer to do a live pay per view hari-kari on himself on TV. That would bring in enough revenue to pay for at least one day’s worth of interest on the national debt, but the confidence it would instill in the country would be immeasureable.
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