"The Obama Recession"

On This Week on Sunday, Matthew Dowd premiered the right's latest talking point about Obama: "he owns this economy."

In Dowd's words:

Now people look at this through the prism of he's fixing his own economy as opposed to he's fixing a problem that developed in the past.

Oh really? Literally the next day, an ABC News poll showed just how wrong Dowd was:

When it comes to assessing responsibility for the nation's economic plight, 80 percent said they put a "great deal" or a "good amount" of blame on banks and other financial institutions for taking unnecessary risks. The same percentage said they blame large corporations for poor management decisions. About seven in 10 blame consumers for overextending themselves with debt and the Bush administration for not vigorously regulating the financial industry.

What percentage of people polled actually blame Obama? 26%.

Of course, that isn't stopping the rightwing media machine from trumpeting the talking point.

Media Matters takes them down:

Tags: Barack Obama, Economy (all tags)

Comments

8 Comments

Re: "The Obama Recession"

Not only are the American people not taking to the right-wing talking points about who owns the bad aspects of this economy, they are actually having an improved outlook as it is.  The same ABC poll (but also today's Rasmussen, for what that right-leaning pollster is worth,  and the CNN poll from a few days ago) shows that about 40% of the American people state that we are "on the right track," a huge turnaround from 7% to 11% polling data we had seen from November through January for the same question.  Apparently Obama gets a ton of credit for his efforts in revitalizing the economy, and four times more people than had been the case are now feeling that we are on the track to achieving that.  

Of course, Republicans have stopped telling us that Obama also "owns" the stock market, given that the markets have embarked on a remarkable turnaround since hitting 6,440 on March 6 (today it hit 8,000 briefly) on a 20% + bull market.  It seems Republicans want Democrats to assume ownership of anything only when it is going down.  As the economy improves over the next 8 months and "right track" numbers improve to 50% + they will have lost even that ineffective talking point.  I listened in on Hannity's radio show yesterday and he predicted that the economy is on its way to a recovery, a positive GDP, still this year (effectively ending the recession,) all the time claiming that it will be merely a shallow recovery, short-lived, followed soon enough (he would not say how many months or years later) by an "armageddon meets judgement day" economic phase.

Republicans are now reduced to arguing that an eventual recovery WOULD have started sooner with Republicans at the helm, and that it WOULD have been more sustained and WOULD have come with higher GDP output.  Nobody is buying it, but without ideas they have nothing else left to say.  Pity the fools.    

by devilrays 2009-04-02 01:44PM | 0 recs
Re: "The Obama Recession"

No, there is a very steady audience that is buying it, one that has been feeding them for years and years now. Like Glenn Beck tellingly said and Jon Stewart collected, "Even if it's wrong, believe in something!!"

by vcalzone 2009-04-02 02:35PM | 0 recs
Re: "The Obama Recession"

Well, sure, there is always a residual audience for that.  With "nobody" I meant the vast majority of Americans, and really anyone with a sane brain spark.  

by devilrays 2009-04-02 06:54PM | 0 recs
Meh, Dowd is just trying to come back from the

Republican wilderness he went to, when he bailed from the sinking ship that was GW Bush.

I agree with Sidney B. who said:

Sidney Blumenthal, in an opinion piece in Salon, entitled "Matthew Dowd's not-so-miraculous conversion", described Dowd as an 'opportunist'

by WashStateBlue 2009-04-02 02:04PM | 0 recs
Re: "The Obama Recession"

It's so unfair, isn't it? Bush and the Republicans are getting all of the blame (for the mess they helped create and allowed to fester), but will receive none of the credit when it turns around (after Obama and the democrats fix it)!

That's the right's talking point. I wish I was surprised.

by vcalzone 2009-04-02 02:32PM | 0 recs
Re: "The Obama Recession"

What an ass.  How can anyone take this kind of BS seriously?  Amazing.  

by HSTruman 2009-04-02 04:25PM | 0 recs
Re: "The Obama Recession"

Surely Dowd belongs in the Styles section now?  She is just not a serious commentator.

by Bob H 2009-04-03 02:18AM | 0 recs
Re: "The Obama Recession"

Different Dowd, bro.

This is Matthew Dowd, Bush's strategy/campaign manager for 2004 election.

Not related to Maureen, but nice rant anway?

by WashStateBlue 2009-04-03 07:19AM | 0 recs

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