Obama and America’s Future

The WSJ has a good article today on why Obama’s approval ratings are sinking:

“In a July 2009 Gallup poll, the No. 1 reason for disapproval of the president’s economic policies was, literally, “spending too much.” In second place was the worry that the president is “leading the nation toward socialism” through government takeovers and bailouts.”

“Citizens will put up with a lot—but not with anyone who imperils our future. There is practically nothing that lowers American happiness more than taking away our faith in a better tomorrow.”

“Most Americans see their best future in the free enterprise system when (as a March 2009 Pew Research Center poll found) 70% of respondents agree that, “people are better off in a free market economy, even though there may be severe ups and downs from time to time.” There is no evidence that more than a minority of Americans accept the idea that a $17 trillion national debt, greater reliance on government for jobs and health, and hyper-progressive taxation offer the hope they deserve for themselves and their children.”