WELL, THAT OBAMA PRESS CONFERENCE sure didn’t do anything to lift up the stock market.

UPDATE: How President Obama explained away a poll showing only 24% of Americans supported raising the debt ceiling “to avoid an economic catastrophe.” “So… the the American people are misinformed if not incapable of absorbing matters beyond the narrow, personal sphere. It’s the ‘What’s the Matter with Kansas?’ answer. You don’t know what is good for you. If you knew, you’d agree with me.”

Plus: “And notice that Obama said: ‘They’ve got a lot of other things on their plate.’ I hope they have room for peas!”

And, from the comments: “The public certainly was not paying close attention in 2008, so you have to admit he has a point.” Ouch.