Noonan: Obama's Got A Mighty Hill To Climb

So, there was ZERO job growth in August. And the unemployment rate is still stuck at 9.1%. And the stock market is down again for the week. 
Writing in the Wall Street Journal, Peggy Noonan has succinctly summed up the problem that President Obama now faces. Here's an excerpt:

The real challenge for the speech is the collapse of trust in the president's economic leadership. There are any number of ways to illustrate this. Here is a CNN poll: 65% of respondents disapprove of how he is handling the economy, 34% approve.
The president's problem is that shortly after he was sworn in, the size and severity of the recession became apparent, and from that moment he did not do things that the majority of the American electorate, in hindsight, would say were helpful. And that's the problem with the speech Thursday night, a national mood of, "Nothing personal, but we don't think you can help in this area.

Click here to read the entire column.