(Reuters) – Obama, Geithner get low grades from economists: report
President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the world’s largest economy, according to participants in the latest Wall Street Journal forecasting survey.
A majority of the 49 economists polled said they were dissatisfied with the administration’s economic policies, according to the paper, a stark contrast to Obama’s popularity ratings with the general public.
On average, the economists gave the president a grade of 59 out of 100, and although there was a broad range of marks, 42 percent of respondents rated Obama below 60, the paper said. Geithner received an average grade of 51.
http://www.reuters.com/article/politicsNews/idUSTRE52B16M20090312
Filed under: Bailout, Banking, Banking Crisis, Barack Obama, Economic Crisis, Economy, Financial Crisis, Financial Services Crisis | Tagged: Economic Recovery Plan, Economists Grade Obama/Geitner, Failing Grade Given To Administration | Leave a Comment »