Showing posts from July 13, 2009

Obama losing support over economic policies

Business Times - 14 Jul 2009 Obama losing support over economic policies His popularity is falling even among independents and voters who helped him win election By LEON HADAR WASHINGTON CORRESPONDENT US PRESIDENT Barack Obama returns to Washington this week from a week-long global tour that had taken him to Moscow (where he tried to repair US relationship with Russia) and to Italy (where he attended a summit of leaders of the world's major economies). Then he went to Ghana, in sub-Saharan Africa, the continent where his Kenyan father was born, and where he was welcomed by enthusiastic crowds, 'as if his arrival were a long-awaited homecoming', as The New York Times put it. But unfortunately for Mr Obama, he was not going to be greeted with the same degree of warmth on his arrival in Washington. The political honeymoon with Congress, the media and the American people that the new president seemed to be enjoying since his inauguration is clearly over. Obamania may still be a