American people don't believe Obama has a clue on the economy

Obama's catastrophic economic policies have not had an effect on his personal popularity - yet. But that doesn't mean they aren't getting very worried about the fact that they don't see much of a plan for getting the economy restarted, much less any good ideas from the administration on how to bring down the deficit.Americans also have huge problems with Obama's statist takeovers of the banking and auto industry, as well as his goal of nationalizing health insurance.This much is evident in two new pollsl out today from The Wall Street Journal/NBC and the New York Times/CBS. First, the Journal poll is analyzed by Laura Meckler:Nearly seven in 10 survey respondents said they had concerns about federal interventions into the economy, including Mr. Obama's decision to take an ownership stake in General Motors Corp., limits on executive compensation and the prospect of more government involvement in health care. The negative feeling toward the GM rescue was reflected elsewhere in the...(Read Full Post)

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