Disapproval Of Obama Economic Policy Hits New Low

July 18, 2011

Article by Rose Ibraham of Green Party U.S.

With the Presidential election only a year away, the buildup to Election Day in November next year and its winner will depend on whether or not Obama will be able to conjure up an economic recovery as a decade long war in Afghanistan wraps up.

There is no doubt that President Obama is in a fragile position when it comes to taking care of the economy at home and the recent McClatchy-Marist poll indicates that only 37 percent of registered voters are in support of the way he handles the economy these days.

With a debt of about $ 1 trillion that needs to be covered this fiscal year (ending on September 30, 2011), it doesn’t come as a surprise that voters aren’t approving of the manner in which he is dealing with the deficit of the Federal budget.

Lee Miringoff, the director of the Marist Institute for Public Opinion, was clear in mentioning that “the four-year lease on the White House is very much dependent on how people end up looking at the economy.”

The poll in question was conducted during June 15-23 and included the opinions of 1003 participants, 801 of whom were registered voters. The results of the poll were released on June 27, 2011 just during the time when the President was taking a personal interest in the stalled talks that were directed at increasing the federal debt ceiling while agreeing to comply when it came to long-term spending cuts.

However, it was not all bad news for Obama as 50 percent of voters said that they had favorable impressions of him, and the economic deficit was what he inherited as President rather than being a result of his own economic policies.

In fact, the President fares better than the Republicans who are in control of the House of Representative and the Democrats who rule the Senate yet there’s no doubt that these figures that have hit an all-time low are purely due to the state of the economy.