Saturday, May 2, 2009

Obama 'Luck' May Vanish

Steve Holland at Reuters points to Obama's "unprecedented power" and personal popularity but wonders how long the President's good fortune will endure:

How long will his [Obama's] luck last?

With the U.S. economy reeling and millions of Americans without jobs, Obama has his work cut out for him. He has a long list of challenges, and spoke of them at a news conference this week.

"If you could tell me right now that, when I walked into this office that the banks were humming, that autos were selling, and that all you had to worry about was Iraq, Afghanistan, North Korea, getting healthcare passed, figuring out how to deal with energy independence, deal with Iran, and a pandemic flu, I would take that deal," Obama said.

Pollster John Zogby said that after his first 100 days, Obama now embarks on another weighty period in which Americans will want to see evidence that his $787 billion economic stimulus approved in February is working.

"I think by late June, they are going to have to start seeing some of these economic indicators stabilizing or at least some orange cones and hard hats out on the roads -- something that indicates either a stemming of the tide or some kind of progress," Zogby said.

Those who keenly watch the poll numbers also point out that while Obama is personally popular, some of the items on his agenda are less so.

"I think he will always stay personally popular," said Republican strategist Charlie Black, who was a senior adviser on Republican John McCain's presidential campaign last year. "But when you test the individual policies, a majority will tell you we're spending too much money."

"On the policy proposals the jury is out as to how popular they will be," he said.

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