So Cramer, the sky isn't really falling. :eyes:
http://thinkprogress.org/2009/03/04/poll-obama-responsible/American people dont blame Obamas policies for stock market drop.
On the Today Show yesterday, CNBCs Jim Cramer caused a lot of buzz when he declared that President Obamas policies have resulted in the most, greatest wealth destruction Ive seen by a president. But in a new NBC News/WSJ poll,
the vast majority of respondents said that Obama shouldnt be blamed for the economys problems. In fact, 66 percent said it would be at least a year until Obamas policies are mostly responsible for the countrys economic conditions:
17a. When you think about the current economic conditions, do you feel that this is a situation that Barack Obama has inherited or is this a situation his policies are mostly responsible for?
(ASK ONLY OF RESPONDENTS WHO SAY INHERITED IN Q.17a.)
17b. And how much time would you say that Barack Obama has before his policies are mostly responsible for the countrys economic conditions?
Situation Obama Inherited
.. 84 <224-225>
Responsible in less than six months
.. 2
Responsible in six months to one year
. 13
Responsible in one to two years
.. 25
Responsible in two to three years
18
Responsible in more than three years
.. 23
Not sure when responsible
.. 3
Situation Obamas Policies Mostly Responsible For
.. 8
Some of both (VOL)
.. 6
Not sure
2
A common conservative attack on President Obama these days is to claim that he is directly responsible for all drops in the stock market. Clearly, the American people dont agree.