The Wall Street Journal is reporting that confidence in Obama is rapidly dropping. Obama’s numbers have now dropped to the point that they are lower than President Bush in this point in 2001. His net approval rating was as low as +6% this week according to Rasmussen. The article points out multiple signs of trouble in the polling data:
- A third strongly disapprove of Obama’s performance.
- Obama has lost nearly all Republican support and a large portion of Independant support.
- Support is dropping more rapidly than other Presidents of the 20th and 21st centuries.
- 83% are concerned Obama’s policies will not improve the economy.
- 82% are worried about the growing deficit.
- 78% are concerned about inflation.
- 69% are worried about Government’s increasing role in the economy.
- Less should have been spent on the stimulus according to a 3-to-1 margin.
- Obama’s budget is opposed by a 46% to 41% margin.
- Voters reject Pelosi’s idea of a second stimulus by a 2-to-1 margin.
- The feeling is that the mortgage bailout will unfairly benefit the irresponsible by 48% to 36%.
- 45% do not have confidence in the direction Obama is taking.
- Less than half suport increasing taxes for expanded health-insurance (17% less support than 1993).
- Only 20% support the most recent bank bailout.
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Posted under Economy
Written by admin on March 13, 2009
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That’s…really fascinating, especially considering the insane amount of hype that surrounded his campaign and election. I mean, I know people expressing the same level of excitement about his administration that they usually save for books and movies they really love, but I did suspect that a lot of the promises he made only sounded good and couldn’t really work. Politics and economics are incredibly tricky, after all.
I’m not entirely sure if I’m ready to jump on the ha-ha-look-at-Obama-fail bandwagon yet, just like I never jumped on the Obamamania bandwagon, but it’s still really interesting.
Its not surprising that support is dropping off. I don’t know any one who like the level of government spending he is engaging in.
Just wait for poll results on his “Its not as bad as we thought it was” remark about the economic catastrophe he spoke BEFORE he got all our money.
Bobo had something to say about it too.
http://thebobofiles.com/?p=1114
I never jumped on the Obama bandwagon to begin with, I don’t think hype is something that belongs in politics. Now it just seems like my feelings we justified and everyone is starting to realize that just because people like you, doesn’t mean you have good ideas.
Im not a very political person but i seen that its time for me to get political. no ever had a chance to vote on the bailouts that makes me very angery since it was our money in the first place. i just got back from the tea party in anchorage alaska it was great to see soo many people out in support. the avarage worker has to work from january to april befor the ever even start making for themself thanks to taxes. here is a tid bit for you i just read in the anchorage daily news(april 15 2009) that the ceo of gmac (one of the motor companys begging for bailout money) earned $11.6 million in wages last year
i need to make a correction in my last statment gmac is a bank that works with general motor but either way they are both looking for bail outs
A lot of this is normal. The longer you are in office and the more choices you make the greater the chance people will disagree with you. I think it is too early to tell about Obama’s PR.