Worst Economy Since Hoover…?
Early during the campaign, the Democrat mantra was that we were experiencing the “worse economy since Herbert Hoover”.
Believe it or not, Bush started off better.
As Obama-loving media gush and swoon while they report the new President’s popularity, an inconvenient truth emerged Tuesday that seems destined to get ignored: after one month in office, George W. Bush was more popular than the current White House occupant.
For the first time since Gallup began tracking Barack Obama’s presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.
Almost exactly eight years ago, then newly-elected President Bush’s numbers were 62 percent approving his performance, 21 percent disapproving, and 17 percent having no opinion (scroll about 3/4 down this Polling Report link).
As such, regardless of how hard media are working to foster this view that this is the most popular president in the modern era, such is not the case.
At this point, the only thing Brack Obama has going for him is that it’s not how you start but how you finish…
February 25th, 2009 at 1:35 am
i think showing the market drop/gain as a percentage is somewhat misleading in the table shown.
the size of the market in 1912, 1916, & 1920 were no where near the size of the market in 2009.
the shear magnitude of the wealth lost in these past 93 days is probably the same as the actual size of the entire market back then.
showing the percentages may be the best way, but it seems misleading to me.
February 25th, 2009 at 3:18 pm
I’m curious as to why it’s 93 days. That’s an odd number (no pun intended).