Posted on 08/25/2010 5:22:36 PM PDT by GOP_Lady
The White House is having a disastrous 'summer of recovery.'
In what will rank as one of the all-time presidential PR disasters, we're now well over half way through what the White House called "the summer of recovery." And what a recovery it's been.
Earlier this month, first-time claims for unemployment hit a nine-month high. The unemployment rate remains at 9.5% and 18.4% of workers are out of a job, can only get part-time work, or have given up looking for a job altogether. Sales of existing homes dropped 27% from June to July, hitting the lowest point since data were first collected in 1999. The Conference Board's Consumer Confidence Index fell to 50.4 in July, continuing a slide that started in February. And the stock market is down 11% from its peak in April.
All of this has helped shatter public confidence in the president. In early May, Mr. Obama's approval on the economy in the YouGov/Polimetrix poll was 42%. By mid-August, it was 35%—a frightening number for Democrats less than 70 days from a midterm election. According to this week's Reuters poll, 72% are "very" worried about jobs and 67% "very concerned" about government spending.
Mr. Obama's credibility is crumbling, and for good reason: He and his people are saying things people don't believe. At the start of his summer of recovery road show, the president flatly asserted that last year's massive stimulus package had "worked." Vice President Joe Biden, not to be outdone, promised monthly job gains of up to 500,000 and insisted that the recovery's pace "continues to increase, not decrease" as stimulus spending was "moving into its highest gear."
(Excerpt) Read more at online.wsj.com ...
Ping
The Kenyan Iman’s lips are moving.
Gee - that didn't seem to matter 2 years ago.
LOL
Wonderful comparison but insulting to poor Urkel.
“In what will rank as one of the all-time presidential PR disasters...”
He’s right about that, it’s like a political “New Coke”.
Quite ironic coming from Rove, who was responsible for most if not all the PR disasters of the previous administration.
Seriously! How stupid do they think we are? I mean, you’d think after 50 years of Socialism shoved down our throats, they’d be in total power by now, LOL!
We. The. People. Learn it. Love it. Live it. Jerks.
0bama’s shrunken ratings is not the result of PR failure. It is a result of policy failure. Dubya’s ratings, however, was completely a PR failure, as Mr. Rove recently admitted.
Urkel at least was pretty bright if klutzy.
Zero’s political capital is gone. That is good news.
Next step: House and reduce the Dem majority in the Senate.
Next step: start investigations within House using power to force testimony under oath.
Next step: cut off funding for Zero’s pet projects
keep it going...
‘zactly.... what’s different now???
Very true.
"Contrary to the claims of some of my critics and some of the editorial pages, I am an ardent believer in the free market."
-Barack Hussein Obama
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