I Think That America Would Like To Be Let In On The Joke In The Picture, But It Must Be An Inside The Beltway Thing For Those That Don't Have To Worry About Their Jobs, Health Insurance, College, Food, Mortgage Payments and Pensions.
That Said, First Let's Start With The Obama Mantra (close your eyes and repeat 5 times): OM It's Only Been 5 Weeks In Office, OM It's Only Been 5 Weeks In Office...
Well Mr. President, you are not in Kansas anymore. At what point in time will your apologists run out of the excuse that it's only been 1 week, 2 weeks, 3 weeks, 4 weeks and now 5 weeks. You came into office with very big plans facing even bigger problems. You gave yourself and the Congress a very aggressive and artificial timeline of what you wanted to get done by certain drop dead dates. You had administration growing pains with the embarrassment of more than one nominee having to withdraw due to various tax problems and then you kept Geithner in one of the most critical positions of all despite his tax problems.
You have offered no real new ideas for getting us out of this economic mess other than a stimulus bill that resembles nothing more than a luau with a pig roasting over an open fire combined with taxing those that you consider wealthy. Tim Geithner, a not ready for prime time player from the Bush administration, now probably your most crucial appointee, is distinguishing himself by being completely undistinguishable. Since you have been in office the stock market has retested and taken out the old lows, not so much because of what you have done but because of what you have not done.
We all know the drill: complex problem brought on by the failures of the last administration. That only goes so far when you have players like Dodd and Barney Frank who are deeply involved in creating the problem out front accepting no blame for it.
By the time that you read this the orator-in-chief will have given a speech to the joint chambers of congress that will surely have been extremely well delivered and filled with flowery speak and talk of the inherited problems from the Bush administration. It was also hopefully filled with words of hope unlike the last speech where he effectively brought the entire country down with dire words and predictions of impending doom.
Anyway, I digress. The point of this post is to describe the fact that although Obama's approval rating are still high, they are slipping while his disapproval ratings are rising. Remember Mr. President, you only have one chance to make a good first impression!
"For the first time since Gallup began tracking Barack Obama's presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.
To date, Obama has averaged 64% approval, but, as the graph shows, there has been a slight but perceptible decline in his approval rating since he took office. This decline has largely occurred among Republicans.
The drop below 60% approval within the past week -- from 63% in Feb. 18-20 polling to 59% in Feb. 21-23 polling -- has mostly come among independents. Late last week, 62% of independents approved of Obama, compared with 54% in the last three days. His approval rating among Democrats has dipped slightly (but not to a statistically significant degree), while approval among Republicans has not changed. ."
Beware the point, if it comes, when the ever loyal Democrat base begins to recognize that the Bush blame game will at some point have to transition to the new administration. As I have said before, the honeymoon lasts only so long and Democrats will have to look at the same unemployment, declining markets and higher taxes that Republicans will. And it is not a pretty sight.