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13435
“Poll Suggests Deep Economic Pessimism”
by Politico - Jeniffer Epstein   
July 18th, 2001

Americans are more pessimistic about the economy than they have been in more than two years, as gas prices soar, unemployment remains high and Washington battles it out over federal spending, a new poll suggests.

In a New York Times/CBS News poll released late Thursday, views of the path on which the country is headed are the worst they’ve been since just weeks after President Barack Obama took office in early 2009. Twenty-six percent of those surveyed said the country is on the right track, while 70 percent said it’s on the wrong one. In February 2009, 23 percent of those surveyed for a CBS poll said it was on the right track, while 68 percent said it was on the wrong one.

Eighty percent of those surveyed, meanwhile, said they think the economy is doing fairly or very bad, while 17 percent said it is fairly good and just 2 percent said it is very good.As Americans’ confidence has tanked, so too have their views of their leaders.

Obama’s approval rating in the poll is 46 percent, while his disapproval is at 45 percent. When the last Times/CBS poll was conducted in mid-January during his surge in popularity following the shooting of Rep. Gabrielle Giffords (D-Ariz.), 49 percent approved of his job performance while 39 percent disapproved.

On the economy, though, Obama does worse. His approval rating on economic matters is at 38 percent, while disapproval is at 57 percent. That disapproval number is the highest it’s ever been for Obama; before this poll, its height was 54 percent in July 2010. He also does poorly on his handling of the federal budget deficit – 33 percent approve, while 59 percent disapprove.

But as negative as views of the president may be, they’re worse for Congress. Overall, just 16 percent of Americans said they approve of the body’s job performance, while 75 percent disapprove. House Speaker John Boehner’s (R-Ohio) numbers are better, but still not great: 32 percent approve of how he’s handling his job, while 41 percent disapprove and 27 percent said they didn’t know.

The poll was conducted April 15-20 and surveyed 1,224 adults. The error margin is plus or minus 3 percentage points.






 




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