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  • Analysis: Confidence in Obama's leadership shaken

    08/13/2011 6:42:02 PM PDT · by PROCON · 41 replies
    reuters ^ | Aug. 12, 2011 | Alister Bull
    (Reuters) - A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election. Obama is seeking a second term in office in an election that is still far off -- November 2012. But a persistently weak economy coupled with rising perception of political dysfunction in Washington could complicate his political fortunes.