Krugman: Obama Already Out Of Touch

http://www.businessinsider.com/henry-blodget-krugman-obama-already-out-of-touch-with-economy-2009-3

Here’s the picture that scares me: It’s September 2009, the unemployment rate has passed 9 percent, and despite the early round of stimulus spending it’s still headed up. Mr. Obama finally concedes that a bigger stimulus is needed.

But he can’t get his new plan through Congress because approval for his economic policies has plummeted, partly because his policies are seen to have failed, partly because job-creation policies are conflated in the public mind with deeply unpopular bank bailouts.

In the end Obama will own this. As much as Bush 41, Bush 43, Clinton and Regean Administrating lead us here. He promised to fix it. He made most of america to beilve he could help. When hopes dies we are all screwed.