50% Rate Obama’s Economic Performance As Poor

Discussion in 'Current Events' started by Stephanie, Jul 12, 2010.

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Sunday, July 11, 2010 Email to a Friend ShareThis.Advertisement
    Obama administration officials continue to insist that the economy is showing signs of improvement, but most voters aren’t buying it. The Discover (R) Consumer Spending Monitor shows that just 28% of Americans think the economy is getting better, while 48% say it’s getting worse.

    A new Rasmussen Reports national telephone survey finds that 50% of voters now view President Obama’s handling of the economy as poor. This is the president’s highest negative rating in this area since he took office in January 2009.

    Thirty-six percent (36%) give Obama good or excellent marks for his handling of economic issues.

    Just after his inauguration but before he had actually initiated any policies, 52% rated the president’s handling of economic matters as good or excellent, while only 25% viewed his performance in this area as poor.

    Confidence in the president’s handling of the economy began to drop in late June 2009 following a disappointing report on job creation. At that time, the Administration had passed the $787-billion economic stimulus plan and taken over General Motors and Chrysler. Additionally, debate had just begun on health care reform.

    Those measures all proved unpopular with voters: just 29% believe the stimulus plan helped the economy, most still believe it was a mistake for the government to takeover General Motors and Chrysler, and most favor a repeal of the health care law. Eighty-two percent (82%) say it’s important to cut the federal deficit in half but few expect that to happen.

    Over the summer of 2009, those with doubts about the president’s handling of the economy grew. The number giving him poor marks has stayed in the mid- to high-40s since November before reaching 50% this month.

    It is interesting but not surprising to note a strong correlation between perceptions of the president’s handling of the economy and his overall job approval ratings. The Presidential Approval Index first fell into negative territory last June as doubts about the president’s handling of the economy were growing.

    read it all here.
    50% Rate Obama?s Economic Performance As Poor - Rasmussen Reports
     
  2. topspin
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    topspin BANNED

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    He'll get rated a lot higher come 2012 with a couple big recovery years behind him.
     
  3. NYcarbineer
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    NYcarbineer Diamond Member

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    So people who think he hasn't done enough towards creating or saving jobs also think he shouldn't have helped keep the GM/Chrysler people working, he shouldn't have spent the stimulus money to keep people working, and he should eliminate millions of government jobs to deal with the deficit?

    Whoever here agrees with that, tell us how that would have improved the job situation.
     
  4. froggy
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    froggy Gold Member

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    You do a poor job you get a poor rating.
     
  5. Gatekeeper
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    Gatekeeper Senior Member

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    That reminds me, I need toilet paper. TY :lol:
     
  6. Sinatra
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    Sinatra Senior Member

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    Obama's negatives regarding his handline of the economy have doubled in the past year - that sounds about right.

    People keep chiming about 2012 - that is not the prize at the moment. The prize is November 2010 - the Reset Election is coming that will all but end Obama's aggressive neo-progressive agenda.

    AFTER, November 2010 the game for 2012 begins in earnest - too early to tell how that will play out.

    For now though, November is looking very-very good for conservatives in America...
     
  7. topspin
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    topspin BANNED

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    party in power always loses mid-terms

    prize is 12, only question for Nov is do repubs get both house and senate back.
     
  8. Sinatra
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    Sinatra Senior Member

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    :lol::lol:

    2010 is the goal right now - and your tone already indicates an awareness that the Democrats are in for an ass kicking.
     
  9. MaggieMae
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    MaggieMae Reality bits

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    Gallup.Com - Daily News, Polls, Public Opinion on Government, Politics, Economics, Management

    Monday, July 12, 2010 Updated 04:15 PM EST
    Upper-Income Americans See Living Standards Improving
    Optimism among all income groups is highest since March 2008

    by Dennis Jacobe, Chief Economist

    PRINCETON, NJ -- Despite the generally disappointing economic data of the past month, 55% of upper-income Americans in June said their standards of living were "getting better"-- the highest since March 2008. Similarly, 48% of lower- and middle-income Americans said their standards of living were getting better, matching the 2010 high of the past two months, and the highest since March 2008.

    Over the past 15 months, upper-income Americans have become comparatively more likely than other Americans to say their standards of living are getting better, restoring this group to its customary, more optimistic position in comparison with lower- and middle-income Americans. For all income groups, optimism about living standards has rebounded from the more depressed assessments seen during late 2008 and early 2009 as the financial crisis worsened. At one point, upper-income Americans' optimism declined to the point that it matched the optimism of their lower- and middle-income counterparts.

    Optimism About Living Standards Up Across Ages and Regions
    [go to link to view chart]

    More Americans, regardless of age, in June said their standards of living were "getting better" than did so in June 2008 and June 2009. Optimism about future living standards is highest among younger Americans and tends to decrease among older age groups.

    Optimism about living standards also shows an increase across regions in June compared with the past two years, but with minimal differences by region.

    Standard-of-living optimism in June was up across races, compared with June 2008 and June 2009. A higher percentage of blacks than whites since the inauguration of President Obama say their standards of living are getting better.

    Americans' Personal Balance Sheets Are Healing
     
  10. Rozman
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    Rozman Gold Member Supporting Member

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    50%, that number sounds awfully high to me.I hope Americans aren't that stupid to think He's doing a good job with anything.
     

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