A new CNN/Opinion Research Corporation poll found President Barack Obama’s job approval is at an all-time low. Only 42 percent of Americans approve of Obama’s job performance; 56 percent “think the president has fallen short of their expectations.”
Expectations are a terrible thing to waste.
At today’s Christian Science Monitor breakfast, House Financial Services Committee Chairman Barney Frank said Obama played the expectations game and lost.
In the push for his economic plan, Obama administration officials said that if Congress passed the stimulus package, unemployment would stay below eight percent.
The unemployment rate has hovered around 10 percent since February 2009.
While noting the economy “hasn’t done well enough,” Frank observed:
The public doesn’t grade on a curve. The public grades on reality, particularly when expectations have been raised.