lWhat’s keeping Obama up?By Dick Morris- The Rasmussen poll conducted over the weekend of May 30-31 asked a key question designed to give us perspective on Obama’s current popularity. The question was whether the current problems “are due to the recession that began under the Bush administration or to the policies Obama has put in place since taking office.” In other words, who’s to blame, Bush or Obama?By 62-27, voters say Bush is still the culprit.As long as this opinion remains prevalent, Obama will continue to enjoy high popularity.
But when it changes, as it inevitably must, we will see him begin a long, long fall.And this is the key measurement to watch.The real recession — dating from the stock market collapse — began four months before Bush left office. And it is now four months since Obama was inaugurated. From this vantage, it still looks to voters like Bush’s recession.But it will become increasingly obvious that the large deficit Obama has incurred while pursuing his cure for the recession is, on its own, causing more problems than it solves. As high interest rates and, most likely, inflation, begin to set in — with no relief in unemployment — it will be obvious that Obamanomics isn’t working and is, in fact, aggravating the economic trouble.
Obama, recognizing the danger, has recently begun to speak out — without even cracking a guilty smile — against the huge budget deficit he created. He is trying to blame the deficit, too, on Bush. But voters will not overlook the huge spending sprees of January and February, when Obama quadrupled the 2009 deficit. They will come to see that spending as a huge mistake and will shift their blame to the new president who proposed it
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