Obama, tax cheat Geithner Get Low Grades From Economists according to WSJ
The Messiah! The savior! The anti-bush! He’s brilliant and will fix the economy with the porkulus and increased government! Errr. Not so fast according to this WSJ Article:
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.
In striking contrast to President Obama’s popularity with the public, a new Wall Street Journal survey of economists gives the president and his treasury secretary failing grades. WSJ’s Phil Izzo and Kelly Evans discuss.
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.
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