Here’s irony for you. The administration of President Barack Obama, the man elected on a populist agenda, is now worried that populist anger at banks and Wall Street could create a backlash against the White House’s agenda.

Populism, it appears, is a double-edged sword.

News Analysis: Bracing for a Bailout BacklashThe Obama administration is worried that populist anger at financial institutions and Wall Street could complicate its agenda.

Comments are closed.