The Daily Plunge

While it might not be reported in the mainstream press Obama’s popularity has been steadily declining since his inauguration. Obama’s approval rating is now at 56% according to Rasmussen. The White House should be well aware of that fact and one would expect Obama’s tone to change over the next few weeks. Or perhaps the president is truly out of touch and is drunk on his own change. This sometimes happens to new presidents, but if he doesn’t change his tune quick there is going to be a major push back from the American people. The investor class is panicked because of Obama’s spending agenda and unless the president tones town the anti-Wall-Street rhetoric the stock market isn’t going to come back any time soon.