Tuesday, March 3, 2009

The Bloom is Coming Off of the Rose

I, without much sleep or coffee to confirm this bold judgment, declare today the first day I have seen an article like this one in which implicitly, President Obama gets criticized for his economic policy on the frontpage of a major, mainstream newspaper. It doesn't mention Obama or his administration explicitly, but it does point out that markets have tanked and said "tanking" reflects skepticism about whether governments are "doing enough."

Of course in my view, they are doing more than enough. But from a political perspective, seeing something like this at the top of the Washington Post webpage the day after the markets hit their lowest level in 12 years says something - and it's not exactly "Good Morning Mr. President!"

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