Not As Bad As We Think?

President Barack Obama reversed himself by stating today that the economy is "not as bad as we think". This is remarkable given the fact that the President and his minions have been behaving like Chicken Little when it comes to the economy for months now.

But it makes one wonder whether this reversal is simply a response to his falling poll numbers as well as plummeting stock prices or the fact that the President is way in over his head. Given that his treasury secretary is considered more incompetent than his predecessor and that he can't seem to find people to work in his administration makes one wonder.