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March 12, 2009
Obama's Grades Revealed!
Most people know that President Obama has refused to release his college and law school transcripts. And we don’t know how well he did on his SATs.
At least we now have a grade for his economic policies: he has received an “F” -- that’s right he has failed.
The Wall Street Journal asked 49 economists to rank Obama and Geithner’s handling of the economy. Here is what the WSJ reported:
U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the economy from participants in the latest Wall Street Journal forecasting survey. The economists' assessment stands in stark contrast with Mr. Obama's popularity with the public, with a recent Wall Street Journal/NBC poll giving him a 60% approval rating. A majority of the 49 economists polled said they were dissatisfied with 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.
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.
Did you catch that? 59 out of 100. That was an “F” when I was at Harvard. Nowadays, I suppose, 59 will get you a blue ribbon and an “A” for effort in most Ivy League schools.
Whatever the case may be at Harvard, we finally have a grade for Obama -- 59 out of 100. “F.” He flunks economics. It is a good thing that America is not being led by this man through its greatest economic crises in the last 50 years. Oh … wait ….