Can Obama Erase the Deficit?

I don’t mean the federal government’s deficit or the jobs deficit. I mean Obama’s popularity deficit, which is s-o-o big:


Derived from Rasmussen Reports, Daily Presidential Tracking Poll.

When it comes to jobs, Don Boudreaux pegs it:

The problem isn’t that consumers aren’t spending; it’s that businesses aren’t investing.  And businesses aren’t investing because Congress and, especially, the administration exhibit a ceaseless fetish for top-down, command-and-control, debt-financed ‘governance’ of the economy – an enterprise-quashing recipe made only more poisonous by Mr. Obama’s soak-the-rich speechifying.

But that won’t keep the O from speechifying about “the rich” and trying to spend and regulate his way out of a recession that he has made worse by enlarging government and its reach, instead of shrinking both.

Related posts:
Taxing the Rich
More about Taxing the Rich
A Keynesian Fantasy Land
The Keynesian Fallacy and Regime Uncertainty
The Great Recession Is Not Over
Why the “Stimulus” Failed to Stimulate