econarchy

Uhhhhhhhhh…… I seem to remember Bush saying that last year. Isn’t that what Obama mocked Bush and McCain for repeatedly during his campaign? I tell you what, Obama is a disgrace. He cannot think for himself. He is a mouthpiece for his advisers, which seem to be changing every day. Now I know why he needs his teleprompter with him 24×7. This guy doesn’t know what color the sky is unless someone tells him.

Obama starts off with “Hope”, then spreads fear and panic, and now is telling us to calm down. This is all within 4 months. What a douche.

Maybe Buffet and some of his other rich, elitist buddies told him he needs to start changing his tone so the stock market improves.

 WASHINGTON (AP) — The economy is fundamentally sound despite the temporary “mess” it’s in, the White House said Sunday in the kind of upbeat assessment that Barack Obama had mocked as a presidential candidate.

Obama’s Democratic allies pleaded for patience with an administration hitting the two-month mark this week, while Republicans said the White House’s plans ignore small business and the immediate need to fix what ails the economy. After weeks projecting a dismal outlook on the economy, administration officials — led by the president himself in recent days — swung their rhetoric toward optimism in what became Wall Street’s best stretch since November.

During the fall campaign, Obama relentlessly criticized his Republican opponent, Sen. John McCain, for declaring, “The fundamentals of our economy are strong.” Obama’s team painted the veteran senator as out of touch and failing to grasp the challenges facing the country.

But on Sunday, that optimistic message came from economic adviser Christina Romer. When asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound, she replied: “Of course they are sound.”

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Maybe Obama should have, you know, actually hired someone with some real Economics knowledge rather than Geithner. Those who actually know what they are doing have rated Obama and Geithner as pathetic, miserable failures on the economy. Ironically, being intellectual/academic types, most of these goons probably voted for Obama. Yea, not so smart now, are ya?!

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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The best part of the article is when they say that this survey stands in “stark contrast” to Obama’s popularity with the “public.” Yea! That’s because the public is STUPID!!!! If the American public weren’t a bunch of brooding morons with their hands out and mouths open, they never would have elected that know-nothing fool in the first place.