Changes

The economists, however, were broadly supportive of the Federal Reserve. Over 85% agreed that its proliferating lending programs are well-designed, well-executed and helping the economy.

The economists, however, were broadly supportive of the Federal Reserve. Over 85% agreed that its proliferating lending programs are well-designed, well-executed and helping the economy.

In June 2009 public opinion was favorable toward Obama personally, but increasingly dubious about his plans to overhaul health care, rescue the auto industry and close the prison at Guantánamo Bay. But with a positive job approval rating of 63% , Mr. Obama has the backing of Democrats and independents alike, even as Republicans turn negative, with only 23% supporting him.  Support for Obama's foreign policies and terrorism policies remains high at 57-59%.  Meanwhile the GOP weaknesses were glaring: the June poll found that the Republican Party is viewed favorably by only 28% of Americans, the lowest rating ever in a New York Times/CBS News poll. In contrast, 57% said that they had a favorable view of the Democratic Party.<ref> [Jeff Zeleny and Dalia Sussman, "Obama Poll Sees Doubt on Budget and Health Care [http://www.nytimes.com/2009/06/18/us/politics/18poll.html?th&emc=th ''New York Times'' June 17, 2009]</ref>

In June 2009 public opinion was favorable toward Obama personally, but increasingly dubious about his plans to overhaul health care, bailout the auto industry and close the prison at Guantánamo Bay. But with a positive job approval rating of 63% , Mr. Obama has the backing of Democrats and independents alike, even as Republicans turn negative, with only 23% supporting him.  Support for Obama's foreign policies and terrorism policies remains high at 57-59%.  Meanwhile the GOP weaknesses were glaring: the June poll found that the Republican Party is viewed favorably by only 28% of Americans, the lowest rating ever in a New York Times/CBS News poll. In contrast, 57% said that they had a favorable view of the Democratic Party.<ref> [Jeff Zeleny and Dalia Sussman, "Obama Poll Sees Doubt on Budget and Health Care [http://www.nytimes.com/2009/06/18/us/politics/18poll.html?th&emc=th ''New York Times'' June 17, 2009]</ref>

Billionaire [[Warren Buffett]], former Federal Reserve Chairman Paul Volcker, and former Clinton Treasury Secretary [[Robert Rubin]] constituted Obama's transition team of Economic Advisers.<ref>[ http://www.bloomberg.com/apps/news?pid=20601110&sid=aSzNv81CYh0c Obama to Meet With Buffett, Daley, Economic Advisers], Bloomberg, Nov. 6 2008.</ref>  Rubin has been sharply criticized for his role in the collapse of [[Citigroup]] which has taken $45 billion in federal [[bailout]] money.<ref>[http://www.reuters.com/article/topNews/idUSN0930738020090109 Robert Rubin quits Citigroup amid criticism], Reuters, Jan 9, 2009</ref>  Buffett has since the inauguration been an outspoken critic of the administration's declared objective of not allowing "a crisis to go to waste" [http://www.swamppolitics.com/news/politics/blog/2009/03/buffett_hits_obama_congress_on.html] and Obama's massive tax increase on the needy and those least able to afford it. [http://greeninc.blogs.nytimes.com/2009/03/09/buffett-cap-and-trade-is-a-regressive-tax/]

Billionaire [[Warren Buffett]], former Federal Reserve Chairman Paul Volcker, and former Clinton Treasury Secretary [[Robert Rubin]] constituted Obama's transition team of Economic Advisers.<ref>[ http://www.bloomberg.com/apps/news?pid=20601110&sid=aSzNv81CYh0c Obama to Meet With Buffett, Daley, Economic Advisers], Bloomberg, Nov. 6 2008.</ref>  Rubin has been sharply criticized for his role in the collapse of [[Citigroup]] which has taken $45 billion in federal [[bailout]] money.<ref>[http://www.reuters.com/article/topNews/idUSN0930738020090109 Robert Rubin quits Citigroup amid criticism], Reuters, Jan 9, 2009</ref>  Buffett has since the inauguration been an outspoken critic of the administration's declared objective of not allowing "a crisis to go to waste" [http://www.swamppolitics.com/news/politics/blog/2009/03/buffett_hits_obama_congress_on.html] and Obama's massive tax increase on the needy and those least able to afford it. [http://greeninc.blogs.nytimes.com/2009/03/09/buffett-cap-and-trade-is-a-regressive-tax/]