From Donald Luskin at SmartMoney.com:
We can't blame President Obama for the mess he inherited. But we can definitely blame him for making it worse. Stocks are off 28.4% since his election, 15.2% since his inauguration, and 17.2% since his so-called “stimulus” bill was enacted. To say the very least, whatever he's doing, it ain't working. ... I have to say, I'm beginning to worry that stocks are cheap for a reason. That reason may be President Obama.
From Michael Boskin at The Wall Street Journal:
It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis.
