Friday, March 13, 2009

Poll of Economists Give Obama and Geithner Low Grades

Forty-nine economists were polled by the Wall Street Journal to get their opinions on the administration's economic policies.

"On average, they gave the president a grade of 59 out of 100, and although there was a broad range of marks, 42% of respondents rated Mr. Obama below 60. Mr. Geithner received an average grade of 51. Federal Reserve Chairman Ben Bernanke scored better, with an average 71."

Criticism centered on the lack of a clear plan and delay in enacting key parts of the plan to rescue banks. Most of the economists surveyed expected the economy to begin recovering next October.

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