What Goes Up…

Wall Street Journal: Confidence Waning in Obama, U.S. Outlook

Most of this is both entirely predictable and also very good news:

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…

Sixty-two percent of adults in the survey feel the country is on the wrong track, the highest level since before the 2008 election. Just one-third think the economy will get better over the next year, a 7-point drop from a month ago and the low point of Mr. Obama’s tenure.

Amid anxiety over the nation’s course, support for Mr. Obama and other incumbents is eroding. For the first time, more people disapprove of Mr. Obama’s job performance than approve. And 57% of voters would prefer to elect a new person to Congress than re-elect their local representatives, the highest share in 18 years.

The results show “a really ugly mood and an unhappy electorate,” said Democratic pollster Peter Hart, who conducts the Journal/NBC poll with GOP pollster Bill McInturff. “The voters, I think, are just looking for change, and that means bad news for incumbents and in particular for the Democrats.”

Those of us who were paying serous attention in 2007 knew this was going to happen.  Obama promised everything to everyone, and his meteoric rise in popularity was fueled by plain and simple deception.  And, as they say, what goes up must come down.

There’s also some bad news, however:

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.

The propensity to solve every crisis with new regulation is something we need to educate the American people out of.  The BP oil spill could have been prevented without new legislation if the Obama administration had just enforced even 1/2 the regulations we already do have.



  1. Anonymous says:

    Obama is, now, a lead zeppelin.

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