Obama Responds to Sliding Approval Rates on Economy, Accelerates Spending

Johanna Neuman on POTUS’s economic policy difficulties: “Unemployment just hit 9.4%. Republican critics [argue] that the president’s massive $787 billion stimulus package is just not working. And latest Gallup Poll shows that only 45% of Americans now approve of Obama’s handling of federal spending, and 46% approve of his handling of the federal budget deficit.”