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77% Of Investors: Obama Anti-Business

From Bloomberg:

Obama Seen as Anti-Business by 77% of U.S. Investors

By Heidi Przybyla

Jan. 22 (Bloomberg) — U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression

Where did Bloomberg find these 27 percent who still approve of Obama after his one year one-man jihad against capitalism?

Are they carbon traders?

[Mr. Obama] has proposed a fee on as many as 50 large financial firms and yesterday called for limiting the size and trading activities of financial institutions as a way to reduce risk-taking…

The poll was conducted Jan. 19, before Obama unveiled the plan. Yesterday, after the announcement, the Standard & Poor’s 500 Index fell 1.9 percent, its biggest loss since Oct. 30…

Something tells us these numbers would be a little worse for Mr. Obama today. At least we hope so.

Obama’s 71 percent unfavorable rating among U.S. investors is almost matched by two members of his economic team. Both Treasury Secretary Timothy F. Geithner and Lawrence Summers, president of the National Economic Council. U.S. respondents give Geithner a 63 percent unfavorable rating and Summers 67 percent. In October, 57 percent held a negative view of Geithner and 66 percent said the same of Summers…

One financial figure to find favor among U.S. respondents is Federal Reserve Board Chairman Ben S. Bernanke, who garners a 68 percent approval rating, which is in line with his marks from non-U.S. investors and the rating U.S. investors gave him in the October poll.

There is one other figure U.S. and international investors agree on: former Republican vice presidential candidate Sarah Palin, a potential candidate for her party’s nomination in 2012.

With a net favorability rating of 15 percent among all investors, Palin does best in the U.S., where she has the support of 27 percent of respondents…

So the obviously pro-business Sarah Palin is only as popular with investors as the radical anti-capitalist Mr. Obama is?

Again, where do they find these people?

This article was posted by Steve on Friday, January 22nd, 2010. Comments are currently closed.

4 Responses to “77% Of Investors: Obama Anti-Business”

  1. NoNeoCommies says:

    All surveys should be presented with a warning.
    They should clearly state that the results are based on answers to questions that may not allow respondents to honestly and completely express their point of view.
    They should also make it clear that the results come only from those that answer the phone and don’t hang up because they hate survey takers (what % of the population do surveys show don’t participate?)

    I only talked to a pollster once, right after an election.
    There were few allowed responses that even closely fitted what I wanted to say.

    • proreason says:

      You may not understand the purpose of most surveys, NNC.

      The purpose of most surveys nowadays is to be “evidence” to support the propagandist’s point of view.

      The most hilarious recent example is Howard Dean using his “polling” to declare, emphatically, that the Massachusetts voter just sent a clear message to Washington that Howard Dean is absolutely right…..Americans want single payer health care.

  2. Georgfelis says:

    Hm, funny numbers. If 77% think he is anti-business and 27% view him favorably, that means 4% at worst think he is both anti-business and view him favorably. Does that mean they have 4% of the respondents being Trial Lawyers?

  3. Rip Cord says:

    The other 23% are recieving TARP money and were unable to participate in this survey.But thanks for asking. ROFLMAO

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