The Expectations Game

Sep 8, 2011


The President will address a Joint Session of Congress this evening to lay out a $300 billion stimulus plan. Faced with recent polls showing Americans’ dwindling confidence in the President’s leadership on the economy, persistently high unemployment and an August jobs report showing the economy added ZERO jobs – Expectations are high.  


ReutersWith Poll Numbers Sliding To New Lows Amid Frustration, Obama To Layout New Stimulus Plan. “With his poll numbers sliding to new lows amid voter frustration with 9.1 percent unemployment, Obama will make tax cuts for middle-class households and businesses the centerpiece of the plan and will press for new spending to repair roads, bridges and other deteriorating infrastructure.” - Reuters


Politico: “Expectations Couldn’t Be Lower.” “After three weeks of buildup, the stakes for President Barack Obama’s jobs speech Thursday couldn’t be higher — and the expectations couldn’t be lower.” (Carrie Budoff Brown, “Obama Faces High Stakes On Jobs Speech,” Politico, 9/8/11)