Posted on 08/09/2011 1:05:24 PM PDT by SeekAndFind
Gallup delivers two blasts at the Obama administration today for its handling of the economy. The first comes in its daily tracking poll, which reacted rather badly to Barack Obama’s speech from the White House yesterday. His approval rating dropped three points to its previous low of 40% after only one cycle of polling. Disapproval rose back to 50%, up two points from the day before. That sharp drop could amplify over the next couple of days, especially considering the beating Obama is taking across the political spectrum for his ill-considered rehash of an address. It’s possible that we will see Obama drop below 40% for the first time ever as Saturday and Sunday responses roll out of the survey data.
In not unrelated news, economic confidence plunged to its lowest level since shortly after Obama took office:
Americans’ economic confidence plunged to -53 in the week ending Aug. 7, a level not seen since the recession days of March 2009. This deterioration coincided with the final wrangling over the U.S. debt ceiling and Standard and Poor’s downgrade of the United States’ debt rating. Economic confidence is now far worse than the -43 of two weeks ago and the -34 of a month ago.
U.S. economic confidence deteriorated even faster in July and the first week of August than it did in June compared with May. This plunge in confidence contrasts with the relatively flat trend in 2010. It also places consumer perceptions of the economy in the range of March 2009 during the recession. Gallup’s Economic Confidence Index hit its recession/financial crisis weekly low of -65 — just 12 points worse than now — during the week of Oct. 6-12, 2008.
Gallup’s Economic Confidence Index combines two measures: one assessing Americans’ views about whether the U.S. economy is “getting better” or “getting worse,” and the second involving Americans’ ratings of current economic conditions as “excellent,” “good,” “only fair,” or “poor.” The Index’s inception was in January 2008. Both weekly ratings are at their lows since early 2009.
Given these numbers, Obama’s boast that “we will always be a AAA country” probably fell on disbelieving ears. Americans do not see much reason for optimism, as it becomes clear that the “recovery” was mainly the impact of short-term policy gimmickry and not sustainable growth. After listening to Obama’s speech yesterday, with his call to build more roads, bridges, and airports, Americans can deduce that Obama doesn’t have anything else but more gimmickry to offer.
This seems like a good point to recall the words of the Democratic Party’s national chair, Debbie Wasserman Schultz, who tried telling Americans last week (and two months earlier, too) to just believe the White House and stop paying attention to their own lying eyes. Like Obama, Debbie Downer seems to lack a Plan B in the face of adversity:
How can anyone have confidence in an administration and a political party that refuses to acknowledge reality? If they’re still running with a “Happy Days Are Here Again” theme by next summer, the elections might be a bloodbath for Democrats.
I think we need another lecture about corporate jet owners and tea party terrorists.
Hmmm, could Hussein drop into the 30’s in Gallup tomorrow? Seems to me with the big drop last night, he could very well be down to 38-39% in Gallup tomorrow afternoon - which would be all time lows for him.
Sadly, I trust Rasmussen’s LV poll more and Obama is at around 45% in that one.
I predict Obama will look very somber a presidential tonight on the evening news as they loop the Dover AFB footage over and over and over and over.
Bet he’ll be jumping up bright and early to see the polls tomorrow.
What an a-hole.
My prediction for tomorrow: 38% approval (finally in the 30’s) complete with a Drudgereport siren
Another “Tea Party Downgrade”?
That sounds like something a football coach would say to a team that was down 65 - 0 at the half.
His trotting out to Dover to pay homage to the slain warriors will probably insure a slight uptick.
0bama should step aside, and we should elect Barney Frank’s fart.
Mr. Frank’s flatulence has more of a clue.
Depends on how genuine he can appear to be. They are pushing him out in front of the cameras on this one.
Well, he could dump the blame-the-teaparty strategy and try statesmanship and leadership. Oh, wait, there’s no chapter in Rules for Radicals on that . . .
I was watching Morning Joe, and while Mika is still hopelessly in love with Obama and irrationally supporting his every move, while blaming all ills on the tea party, I detected some unrest.
Barnicle is very unhappy with the lack of leadership, and one of the commies actually said it’s possible that Obama only knows how to give a speech, and not to govern. It was then related that some foreign sources say it appears Obama’s foreign policy is to give a speech, consider it fixed, and move on to something else.
IF the GOP can get someone with just a little bit of mass appeal, Obama can be beaten. But I do worry about Obama’s automatic base, there are a lot of morons who’ll vote for him regardless of what’s happening.
He'll just sign an executive order mandating it (while HE is King POTUS)
Obama doesn't know how to give a speech -- a good speaker can inspire and motivate people who don't necessarily agree with him. All Obama can do is mouth the platitudes that appear on his teleprompter to excite his base of brainless left-wing supporters.
Not necessarily. His followers are gullible. I’m only talking a point or two up.
It might not be too safe for Urkel much longer. He should consider becoming Secretary-General of the United Nations sooner rather than later.
Even the most deluded old lady in tennis shoes will see it for the transparently cynical and completely empty gesture that it is.
I think Ras is a sellout. According to him, Obama has lost ZERO approval since December 2009. I find it impossible to believe and no other polling firm confirms his results.
Not gonna happen. Just because he loves socialists and America hating dictators doesn't mean they love him. Remember the expression "useful idiot"?
O Poll Ping
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.