Poll: Americans Turn Pessimistic about Economy

Discussion in 'Politics' started by Stephanie, May 12, 2012.

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    (AP) Poll shows Americans' pessimism on economy growing
    By TOM RAUM and JENNIFER AGIESTA
    Associated Press
    WASHINGTON
    Americans are growing more pessimistic about the economy and handling it remains President Barack Obama's weak spot and biggest challenge in his bid for a second term, according to a new Associated Press-GfK poll.

    And the gloomier outlook extends across party lines, including a steep decline in the share of Democrats who call the economy "good," down from 48 percent in February to just 31 percent now.

    Almost two-thirds of Americans _ 65 percent _ disapprove of Obama's handling of gas prices, up from 58 percent in February. Nearly half, 44 percent, "strongly disapprove." And just 30 percent said they approve, down from 39 percent in February.

    These findings come despite a steady decline in gas prices in recent weeks after a surge earlier in the year. The national average for a gallon of gasoline stood at $3.75, down from a 2012 peak of $3.94 on April 1.

    U.S. presidents have limited ability to affect gas prices, which are determined in international markets. However, the party out of power always blames whoever is president at the time for high gas prices, as Republican Mitt Romney is doing now and as Democrat Obama did in 2008 when George W. Bush sat in the Oval Office.

    Of all the issues covered by the poll, Obama's ratings on gas prices were his worst.

    The public's views tilt negative on his handling of the overall economy, 52 percent disapprove while 46 percent approve. In February, Americans were about evenly divided on his handling of the issue.

    The economy is the No. 1 issue in the presidential race, thanks to the deepest economic downturn since the Great Depression and one of the shallowest-ever recoveries.

    While the recession officially ended in summer 2009, unemployment remains stubbornly high, at 8.1 percent in April. Some 12.5 million Americans are out of work.

    The increasing skepticism toward the recovery tracks a weakening overall economy as measured by the gross domestic product, and matches economic growth downgrades by many economic forecasters.

    Against this background, the weak economy looms as a huge liability for Obama, and any drop in public confidence in his ability to deal with it can threaten his re-election prospects. Although Obama held broad advantages over Romney on handling social issues and protecting the country, when it came to the economy about the same percentage said they trust Romney to handle it as trust Obama.

    the rest at.
    Poll: Americans Turn Pessimistic about Economy
     
  2. HUGGY
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    HUGGY I Post Because I Care Supporting Member

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    Poll: Americans Turn Pessimistic about Economy


    Huh? Just now?

    2008 didn't get thier attention?

    Why are Murkins so slow to catch on?
     
  3. WillowTree
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    WillowTree Diamond Member

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    according to libturds the economy is fine. thus, they must not be true Americsans. :eusa_hand:
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    Perhaps. Yet where I work, steel industry, we just added a fourth shift, so we are now going 24/7. Haven't done that since October, 2008.
     
  5. Stephanie
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    Stephanie Diamond Member Supporting Member

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    well that is good news for you and the company you work for..

    still doesn't change the poll and how the People feel dear.
     
  6. HUGGY
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    HUGGY I Post Because I Care Supporting Member

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    Liar. How dare you insinuate that Stefunny doesn't have her finger on the pulse of America and other places we won't mention.
     
  7. Old Rocks
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    Old Rocks Diamond Member

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    Not at all, Widyo Willyo. It is just that we are gaining about 350,000 jobs a month, instead of losing 750,000 a month as your man had us doing in 2008. Still too slow, but that is an improvement of over 1,000,000 jobs a month.
     
  8. WillowTree
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    WillowTree Diamond Member

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    blow that lie up somebody else's ass. I'm closed.
     
  9. Old Rocks
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    Old Rocks Diamond Member

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    Well, Staph, steel is one of those indictor industries. We go down or up before others do, and, right now, it is up. If things go as normal, the rest of the economy will be going up in the next few months.

    Of course, the GOP would rather see it go down, as the election is much more important to them than the welfare of the nation.
     
  10. Old Rocks
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    Old Rocks Diamond Member

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    Now Widyo Willyo, never had any interest in your ass.:lol:
     

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