You just can’t find a newspaper with more solid economic credentials than the Economist. So a lot of people were surprised when it endorsed a radical, inexperienced candidate like Barack Obama.
Now the respected economic publication seems to be having second thoughts:
His performance has been weaker than those who endorsed his candidacy, including this newspaper, had hoped. Many of his strongest supporters—liberal columnists, prominent donors, Democratic Party stalwarts—have started to question him. As for those not so beholden, polls show that independent voters again prefer Republicans to Democrats, a startling reversal of fortune in just a few weeks. Mr Obama’s once-celestial approval ratings are about where George Bush’s were at this stage in his awful presidency. Despite his resounding electoral victory, his solid majorities in both chambers of Congress and the obvious goodwill of the bulk of the electorate, Mr Obama has seemed curiously feeble.
Feeble? The Economist may be giving him too much credit here.
Source: The Economist via HotAir.com