Obama Seen as Anti-Business by 77% of U.S. Investors

By Heidi Przybyla,AP

The Anti- business President

U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis,according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll,32 percent in the U.S. held a positive impression.

“Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young,a managing director for a broker dealer in New York. Young cited Obama’s efforts to trim bonuses and earnings,make health care his top priority over jobs and plans to tax “the rich or advantaged.”

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