Wednesday, June 23, 2010

The Drip .... Drip Of Falling Public Support For President Obama Continues -- A Commentary

President Barack Obama meets with members of his Cabinet in the Cabinet Room of the White House, June 22, 2010. (Official White House Photo by Pete Souza)

Confidence Waning in Obama, U.S. Outlook -- Peter Wallsten And Eliza Gray, Wall Street Journal

Americans are more pessimistic about the state of the country and less confident in President Barack Obama's leadership than at any point since Mr. Obama entered the White House, according to a new Wall Street Journal/NBC News poll.

The survey also shows grave and growing concerns about the Gulf oil spill, with overwhelming majorities of adults favoring stronger regulation of the oil industry and believing that the spill will affect the nation's economy and environment.

Read more ....

My Comment: With the war in Afghanistan approaching casualty rates that equals the worse that occurred in Iraq, continuing high unemployment, the end of the U.S. oil industry in the Gulf of Mexico (after what has happened to BP no one is going to invest on the U.S. side of the Gulf), the strong probability of higher gas prices coupled with enormous tax increases projected for next year .... throw in trillion dollar deficits, an unstable world order, and the usual corruption that plagues every administration .... yup .... the U.S. public are mad now .... but they are going to be furious next year.

As to what is my take .... elections have consequences, and President Obama was given a clear mandate to pursue his agenda until 2012. Opinion polls are just a snapshot of what is the mood today .... tomorrow .... that is another day.

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