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Message: <blockquote data-quote="moreluck" data-source="post: 921156" data-attributes="member: 1246">Re: ObamanomicsAP Surveys Top Economists: Only 13% Rate Obama’s Economic Policies As “Good”…Obamanomics FAIL of the day.(NYDN ) — Turns out, economists live in the same America as the rest of us. The Associated Press surveyed 36 top experts on money and markets from across the political spectrum last week. They rendered a familiar verdict on President Obama’s approach to restoring America to prosperity. Just half of the 36 rated the President’s policies as “fair”; more than a third called them “poor.” Only five described Obamanomics as “good,” and none dared call it “excellent.” Also grim: The consensus among the experts is that unemployment will stay stubbornly high, dropping from its current 8.6% to no lower than 8.4% by Election Day. Little wonder that, after an $800 billion stimulus, a year spent pushing through an endlessly complex health care reform bill and presidential failure to embrace a bold, bipartisan plan to tame spiraling debt through tax reform, fully 60% of Americans now disapprove of Obama’s handling of the economy. Little wonder, too, that just 22% think the country is headed in the right direction, while 72% see it going wrong. With the 2012 Republican nominating contest set to begin in earnest Tuesday, the numbers leave Obama in the distinctly unenviable election year position of having to argue that matters would have been worse had it not been for his stimulus program and would have been much better had Republican obstructionism not torpedoed even his worthy ideas.</blockquote>

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