Tung Chee-hwa has failed economics and scraped a pass in politics, according to a report card by academics and parties on his first year's performance. Reviewing the past 12 months, speakers at a forum unanimously said Mr Tung and his top aides were to blame for the economic downturn. 'Mr Tung clearly was not sensitive to the potential danger when he delivered the first policy speech last year,' said Ivan Choy Chi-keung, social division lecturer at City University. Liberal Party legislator-elect Ho Sai-chu was particularly critical of Financial Secretary Donald Tsang Yam-kuen. 'He first said the situation would improve last Christmas. He was so frivolous and slow. 'Those on the top echelon just don't know the difficulties of the public,' he said. Democrat vice-chairman Anthony Cheung Bing-leung added that Mr Tung lacked leadership qualities in defending the economy. But the Chief Executive faced few challenges on the political front. 'The Democrats are now back in Legco and we still have the June 4 commemoration. There are no signs of Beijing's interference. 'I think the public would not be too unhappy as far as political issues are concerned,' Mr Choy said. Dr Cheung agreed that Mr Tung fared better in politics. 'Mr Tung was apparently more passive in handling economic problems than on political issues,' he said. The parties were generally pessimistic about the economic outlook. 'Infrastructure projects should advance and retraining be strengthened to expedite recovery,' said legislator-elect Yeung Yiu-chung of the Democratic Alliance for the Betterment of Hong Kong. Hong Kong Progressive Alliance legislator-elect Dr Tang Siu-tong urged officials to favourably consider the consensus put forward by the coalition of seven parties and help middle-scale enterprises to battle out of the turmoil.