New Low of 26% Approve of Obama on the Economy

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  • Jagermeister
    Full Member Status

    • Apr 2010
    • 4510

    New Low of 26% Approve of Obama on the Economy

    A new low of 26% of Americans approve of President Barack Obama's handling of the economy, down 11 percentage points since mid-May and by far the lowest of his presidency. More broadly, Obama is at a low ebb on five of seven major issues tested in the new poll.


    Ratings on Afghanistan and foreign affairs have also declinedby Lydia SaadPRINCETON, NJ -- A new low of 26% of Americans approve of President Barack Obama's handling of the economy, down 11 percentage points since Gallup last measured it in mid-May and well below his previous low of 35% in November 2010.




    Obama earns similarly low approval for his handling of the federal budget deficit (24%) and creating jobs (29%).

    The president fares relatively better on foreign policy matters, with 53% of Americans approving of his handling of terrorism and roughly 4 in 10 approving on foreign affairs and the situation in Afghanistan. Also, 41% approve of Obama on education.




    Obama's overall job approval rating in the Aug. 11-14 stand-alone Gallup poll is 41%, similar to the 39% and 41% approval ratings measured in Gallup Daily tracking over the same days.

    Approval on Afghanistan Sinks 15 Points

    Americans' approval of Obama on Afghanistan is down 15 points since mid-May, the most of any issue Gallup tracked during this period, though the resulting 38% approval rating is not the lowest he's seen on this issue. The decline follows a bounce to 53% after the killing of Osama bin Laden on May 1, and may partly reflect public reaction to the recent downing of a U.S. military helicopter in Afghanistan in which 30 American troops, many of them Navy SEALs, perished.



    Obama also suffered a nine-point decline in his foreign affairs rating, to 42% from 51% in May. His current rating is a new low, but is not much lower than his prior low 44% and 45% foreign policy approval ratings in the second half of 2010; however, it is down nine points compared with the start of 2010.

    Terrorism is the only issue on which Obama's current approval is higher than it was at the start of 2010, although it is down 10 points from 63% in May after bin Laden's death.




    Democrats Alone Back Obama's Performance on the Issues

    Obama earns scant support on the issues among Republicans, and does not do much better among independents. In contrast to Democrats' majority approval of Obama on all seven issues tested, fewer than half of independents approve of the president's handling of any of these.




    Bottom Line

    President Obama's approval rating has dwindled in recent weeks to the point that it is barely hugging the 40% line. Three months earlier, it approached or exceeded 50%. History will remember this period for the messy political debate in Washington over the debt ceiling, followed by distress on Wall Street and tragedy in Afghanistan. How much each of these factors is responsible for the overall decline in Obama's approval rating is unclear. But Americans' unhappiness with each of them is reflected in recent declines in Obama's specific job ratings for the economy, the federal budget deficit, and various foreign policy measures, as well as in his markedly low rating for creating jobs.
  • Jagermeister
    Full Member Status

    • Apr 2010
    • 4510

    #2
    President Obama's job approval rating dropped to 40% during the week spanning Aug. 8-14, the lowest weekly average of his administration. Obama's three-day average fell to a new low of 39% for Aug. 11-13, marking the first time this average has been below 40% since he took office.


    Although the new lows in Obama's job approval rating represent only a slight drop from his previous low readings, they symbolically underscore the weaker position the president is in as he begins a "listening tour" of the Midwest this week.

    Ten incumbent presidents have sought re-election since World War II, and none has won a second term with final pre-election job approval ratings below 48%. The last two presidents who lost their re-election bids -- George H.W. Bush and Jimmy Carter -- had job approval ratings in the 30% range in the fall of the election year. Thus, Obama's challenge is not only to move his rating back above 40%, but also to push it close to or above 50%.

    Comment

    • Jagermeister
      Full Member Status

      • Apr 2010
      • 4510

      #3
      I know this must be Bush's fault also. Fuck everything else is.


      Comment

      • Seshmeister
        ROTH ARMY WEBMASTER

        • Oct 2003
        • 35162

        #4
        Originally posted by Jagermeister
        http://www.gallup.com/poll/149042/Ne...a-Economy.aspx

        The president fares relatively better on foreign policy matters, with 53% of Americans approving of his handling of terrorism
        What terrorism?

        Comment

        • VAiN
          Use my hand, I won't look
          ROCKSTAR

          • Nov 2006
          • 5056

          #5
          Originally posted by Jagermeister
          Obama's challenge is not only to move his rating back above 40%, but also to push it close to or above 50%.
          yeeeah... good luck with that shit.
          Originally posted by wiseguy
          That shit will welcome you in the morning and pour the milk in your count chocula for ya.

          Comment

          • VAiN
            Use my hand, I won't look
            ROCKSTAR

            • Nov 2006
            • 5056

            #6
            Originally posted by Seshmeister
            What terrorism?
            That does seem pretty vague, doesn't it? I didn't realize there was a pool of terrorism to draw from...
            Originally posted by wiseguy
            That shit will welcome you in the morning and pour the milk in your count chocula for ya.

            Comment

            • Seshmeister
              ROTH ARMY WEBMASTER

              • Oct 2003
              • 35162

              #7
              I'm wondering what the other 47% want.

              No terrorist attacks on the US and shooting Osama in the face isn't enough? Has he to go around to their homes each night and tuck them into bed and patrol outside all night guarding them from these imaginary threats?

              Comment

              • DLR Bridge
                ROCKSTAR

                • Mar 2011
                • 5470

                #8
                It's really ridiculous. This instant gratification nation I live in was, is and always will be unsatisfiable.

                Comment

                • Jagermeister
                  Full Member Status

                  • Apr 2010
                  • 4510

                  #9
                  Originally posted by Seshmeister
                  I'm wondering what the other 47% want.

                  No terrorist attacks on the US and shooting Osama in the face isn't enough? Has he to go around to their homes each night and tuck them into bed and patrol outside all night guarding them from these imaginary threats?
                  I don't know about the 47% but I hope they drop a fucking bomb in Scotland.

                  Comment

                  • lesfunk
                    Full Member Status

                    • Jan 2004
                    • 3560

                    #10
                    The Economy is soo bad...
                    http://gifsoup.com/imager.php?id=4448212&t=o GIFSoup

                    Comment

                    • lesfunk
                      Full Member Status

                      • Jan 2004
                      • 3560

                      #11
                      (from the back of the room) How bad is it?
                      http://gifsoup.com/imager.php?id=4448212&t=o GIFSoup

                      Comment

                      • lesfunk
                        Full Member Status

                        • Jan 2004
                        • 3560

                        #12
                        The economy is so bad that... I received a pre-declined credit card in the mail.
                        CEO's are now playing miniature golf.
                        Exxon-Mobil laid off 25 Congressmen.
                        Angelina Jolie adopted a child from America.
                        Motel Six won't leave the light on anymore.
                        A picture is now only worth 200 words.
                        They renamed Wall Street " Wal-Mart Street".
                        Finally, I called the Suicide Hotline. I got a call center in Pakistan and when I told them I was suicidal, they got all excited, and asked if I could drive a truck...
                        http://gifsoup.com/imager.php?id=4448212&t=o GIFSoup

                        Comment

                        • kwame k
                          TOASTMASTER GENERAL
                          • Feb 2008
                          • 11302

                          #13
                          At least he has double the approval rating of Congress........

                          In a Gallup Poll of 1,008 adults, only 13 percent approve of the job Congress is doing, tied for the worst on record, according to the Gallup Organization. Eighty-four percent of Americans disapprove, the poll found. That figure is a record high.

                          Read more: http://www.politico.com/news/stories...#ixzz1VnzRCuUb
                          Link
                          Originally posted by vandeleur
                          E- Jesus . Playing both sides because he didnt understand the argument in the first place

                          Comment

                          • binnie
                            DIAMOND STATUS
                            • May 2006
                            • 19144

                            #14
                            Not sure what we can learn from opinion polls: how many people know enough about economics to have an opinion that is valid anyway?

                            If I hear the 'who the hell do we owe all this money too?' line one more time..................
                            The Power Of The Riff Compels Me

                            Comment

                            • Jagermeister
                              Full Member Status

                              • Apr 2010
                              • 4510

                              #15
                              That poll is most likely very accurate. I check gallup and rasmussen (sp) daily. Today it's worse.




                              The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 19% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-five percent (45%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -26 (see trends).

                              This is the lowest Approval Index rating yet measured for President Obama. The previous low was -24 reached yesterday and also in September 2010. Additionally, the level of Strong Approval matches the lowest yet recorded. By way of comparison, President Bush had ratings near the end of his second term in the minus 30s.

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