Thursday, June 18, 2009

Obama Remains Popular But Cracks Appear from His Handling of Economy

It seems that Americans are starting to be leery of historically high deficits and government run car companies.

Nearly seven in 10 have serious reservations about the federal government’s ownership stake in General Motors. Almost 60 percent say that President Obama and Congress should worry more about keeping the deficit down — even if that means it will take longer for the economy to recover. And fewer than half of Americans have confidence in the president’s policies to improve the economy.

That last one sounds pretty bad if I was the Obama people. That means all the stimulus and all the trillion dollar budgets full of Health care down payments and such have been a waste of time. I think America should be rightfully afraid because massive debt will crush us in the future no doubt about it. You can't blame Bush anymore because these are your debts and your car companies now Mr. President.

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