During Morning Joe on Thursday, MSNBC’s Chuck Todd appeared baffled by a discussion of negative feelings directed towards Barack Obama from Wall Street. The confused journalist wondered, “Look, at the end of the day, he has not done that much when it comes to business stuff.” Mad Money host, Jim Cramer relayed to Todd that Wall Street is upset because, “Most of the people on Wall Street are behind the scenes guys” and the President is demagoging the issue and demonizing them. Todd became upset that, regardless of what the President does, “He is getting trapped and hit from both sides, but it isn’t just that, this is how sour the American public is.” To understand why Wall Street and the American public might be “sour,” one needs to look no further than the cap and trade energy proposal, health care, the financial reform bill, the stimulus, or the nationalization of the automobile and student loan sectors. Perhaps Todd could listen to what a colleague on CNBC said. Back in February, Maria Bartiromo asserted that “there are a lot of people on Wall Street and in business increasingly that have said to me actually, ‘I don’t know that I would vote the same today given the fact that we did not expect he was so much to the left, and we did not expect that there was going to be such a big bite in business.’ I mean, that’s a fact.” Recently the media have been expressing incredulity at Barack Obama’s falling poll numbers. This includes MSNBC’s news anchor Contessa Brewer lamenting that after everything President Obama has done, “What else do people want?” Sounding a similar note, Good Morning America’s George Stephanopoulos on Thursday touted, after all of Obama’s achievements, “What more could the President have done?”
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