Wall Street Journal hands out grades to Obama and Geithner

And as I figured they both got failing grades for how they have handled the economy.

U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the world's largest economy, according to participants in the latest Wall Street Journal forecasting survey.

A majority of the 49 economists polled said they were dissatisfied with the administration's economic policies, according to the paper, a stark contrast to Obama's popularity ratings with the general public.

On average, the economists gave the president a grade of 59 out of 100, and although there was a broad range of marks, 42 percent of respondents rated Obama below 60, the paper said.

Geithner received an average grade of 51, while Federal Reserve Chairman Ben Bernanke scored better, with an average 71, the paper said.

On average, the economists now expect the economic downturn to end in October, according to the paper. In the previous survey, they had expected the bottom would arrive in August.

And I'm sure these economist are a lot smarter than I am but yet we all agree. Government spending is no way to get a country out of a recession. If it were communists countries would be the most prosperous in the world.

If Obama and the Democrats were serious about fixing the economy they would have followed the same history lessons that JFK and Reagan showed us, tax cuts. Cutting the capital gains tax should have been the first thing Obama did to spur more investment into our economy.