Stephanie
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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 arent buying it. The Discover (R) Consumer Spending Monitor shows that just 28% of Americans think the economy is getting better, while 48% say its getting worse.
A new Rasmussen Reports national telephone survey finds that 50% of voters now view President Obamas handling of the economy as poor. This is the presidents 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 presidents handling of economic matters as good or excellent, while only 25% viewed his performance in this area as poor.
Confidence in the presidents 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 its important to cut the federal deficit in half but few expect that to happen.
Over the summer of 2009, those with doubts about the presidents 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 presidents 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 presidents handling of the economy were growing.
read it all here.
50% Rate Obama?s Economic Performance As Poor - Rasmussen Reports
Obama administration officials continue to insist that the economy is showing signs of improvement, but most voters arent buying it. The Discover (R) Consumer Spending Monitor shows that just 28% of Americans think the economy is getting better, while 48% say its getting worse.
A new Rasmussen Reports national telephone survey finds that 50% of voters now view President Obamas handling of the economy as poor. This is the presidents 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 presidents handling of economic matters as good or excellent, while only 25% viewed his performance in this area as poor.
Confidence in the presidents 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 its important to cut the federal deficit in half but few expect that to happen.
Over the summer of 2009, those with doubts about the presidents 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 presidents 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 presidents handling of the economy were growing.
read it all here.
50% Rate Obama?s Economic Performance As Poor - Rasmussen Reports
