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Blodget: Obama suffers because “taxpayer always finishes last”

The latest WSJ/NBC News poll shows that President Obama’s approval rating has now slipped under 50%. This makes his the steepest first year decline in modern history.

Why?  You know what I would say:

See what Aaron Task and Henry Blodget have to say in the video below and then click the link to see the associated article.

Obama’s Poll Numbers Whacked by Bank Bailouts and Big Govt. Spending – Tech Ticker

And Forget about Goldman!! Remember these posts – all of them in the last month – a full 15 months after Lehman failed for god’s sake!

I’m sorry. It’s not about Goldman or Citi. It’s about government.

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

5 Comments

  1. demandside says:

    It’s about fixing Citi, Goldman and government. If it doesn’t get fixed, it’s going to break again.