Obama’s approval rating on economy crashing and burning

obamasocialismDespite all the hotair how about how well the economy is doing, how the economy is improving, etc. not many are fooled anymore. Obama’s approval rating on the economy has tumbled five percentage points from last month, according to a new CBS News poll, with just 40 percent of those polled expressing full confidence in his actions. 54% said they disapproved of Obama’s handling of the economy. Last month, 45 percent approved. The drop in the drop is among independents. Only 35 percent of independents approve of Obama’s handling of the economy. So as you can see once again CBS is oversampling progressive liberals to keep the number over 40%.

Three in four Americans think the effects of the recession will linger for another two years or more. Just 20 percent said they believed the recession’s aftereffects would continue to weigh on their lives and livelihoods for another year or less. The public is generally more pessimistic now than in February.

The national unemployment rate continues to hover just beneath the 10 percent mark, and it is estimated that many more Americans are underemployed – meaning they have given up looking for a full-time job, or are working fewer hours than they would like.

The poll shows widespread concern among Americans when it comes to employment. Seven in ten Americans rated the job market in their area “fair” or “very bad”; only a quarter of those polled described it as “good”.

There did appear to be some optimism that the job market would improve over the next year — but not a lot. While 28 percent said they expected the job market in their area to get better over the next year, twice as many — 56 percent — said it would likely remain the same. Another 14 percent predicted even fewer available jobs in the coming years.

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July 13, 2010 · Filed Under CBS News, Political Polling


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