Wait Until November

President Accountability was smiling this morning after helping corporate whore Democrat Michael Bennet keep his Senate seat in Colorado yesterday.

But if I were Accountability, I wouldn't smile too broadly:

Americans are growing more pessimistic about the economy and the war in Afghanistan, and are losing faith that Democrats have better solutions than Republicans, according to a new Wall Street Journal/NBC News poll.

Underpinning the gloom: Nearly two-thirds of Americans believe the economy has yet to hit bottom, a sharply higher percentage than the 53% who felt that way in January.

The sour national mood appears all-encompassing and is dragging down ratings for the GOP too, suggesting voters above all are disenchanted with the political establishment in Washington. Just 24% express positive feelings about the Republican Party, a new low in the 21-year history of the Journal's survey. Democrats are only slightly more popular, but also near an all-time low.

The results likely foreshadow a poor showing in November's mid-term for Democrats, whose leaders had hoped the public would grow more optimistic about the economy and, as a result, more supportive of the party agenda. Now, despite the weak Republican numbers, the survey shows frustrated voters on the left are less interested than impassioned voters on the right to in the election.

And if voters are already worried about the state of the economy and jobs, just wait - it's going to get worse:

As economic recovery wavers in the United States, evidence is mounting that growth abroad is also slowing and may be unable to sustain the fragile rebound here.

A day after Federal Reserve officials warned that the pace of the nation’s recovery had slowed, a trio of reports released on Wednesday cast new shadows over the global economy.

First came news from China suggesting that that nation’s fast-growing economy was cooling. Then the Bank of England reduced its already diminished forecast for the British economy.

Finally, new trade figures from Washington showed that American exports were faltering, a sign that hard-pressed domestic manufacturers could not rely on overseas markets to ease their pain at home.

Together, the reports unnerved financial markets that were still on edge from the Fed’s downbeat news on Tuesday. The stock market tumbled in a 265-point decline that drove the Dow Jones industrial average back into the red for the year. The broad market in the United States fell 2.8 percent, and that decline was followed Thursday morning by a 2 percent drop in Japan's Nikkei index.

The optimism that had pervaded Wall Street only weeks ago has faded quickly. In its place is a growing realization of what many Americans have been feeling in their bones: this is not the economic recovery the nation had hoped for. While the economy is growing again, it is growing too slowly to create many jobs or to increase household incomes.

Given the uneven rebound in the United States, and now signs that the world’s other economic engines are slowing, economists say Americans may confront high unemployment and lackluster growth for some time to come.

“This is going to be a long slog,” said David H. Resler, the chief United States economist at Nomura Securities International.

Yeah, it's going to be bad.

More foreclosures.

More job losses.

More bankruptcies.

More people living in Obamavilles down by the river.

Lots and lots of pain.

So smile all you want, President Accountability, because the mood of the electorate is ALREADY pissed and when the economy continues to falter, it's going to get darker and darker.

And try as hard as you want - you won't be able to blame this mess on George W. Bush anymore.

Or teachers.

It will be YOUR depression.

You will OWN it.