Opinion L.A.

Observations and provocations
from The Times' Opinion staff

« Previous Post | Opinion L.A. Home | Next Post »

Economy: President Obama's incredible shrinking approval rating

Gallup-President Obama's economic approval rating

As if President Obama's poll numbers weren't bad enough already, Gallup released more detailed data Wednesday showing that 71% of those surveyed disapprove of his handling of the economy. His 26% approval rating on the economy is down 11 percentage points from May and well below his previous nadir, 35% in November.

Ouch.

Obama has been on tour through the Midwest this week, trying to remind voters how bad an economy he inherited. And it was bad -- the credit crunch in 2008 triggered a deep recession and massive job losses, and the resulting weakness in the financial industry made it that much harder for the economy to bounce bank. 

Even though the downturn wasn't his fault, however, Obama is fully responsible for the efforts to revive the economy. He can (and does) complain about Republicans not supporting his efforts to create jobs -- free-trade agreements haven't been approved, airport construction funds were interrupted, highway funds haven't been renewed. But he's clearly in charge of the recovery, and as the public's pessimism about the economy has grown in recent months, so has its disapproval of Obama's economic strategy.

He's hearing it from both sides, too. Liberals want Obama to push for much more government spending to stimulate the economy; conservatives argue that even the modest steps he's calling for would make matters worse. It's kind of ironic, but the guy who campaigned as the champion of a new, unifying brand of governing is being stymied by the yawning chasm between liberal and conservative economic theories.

RELATED:

The solution to the economy? Not what we've been doing

Campaign 2012: Rick Perry picks a fight with Ben Bernanke

-- Jon Healey

Credit: Gallup website

 

Comments () | Archives (0)

The comments to this entry are closed.


Connect

Advertisement

In Case You Missed It...

Video


Categories


Recent Posts
Reading Supreme Court tea leaves on 'Obamacare' |  March 27, 2012, 5:47 pm »
Candidates go PG-13 on the press |  March 27, 2012, 5:45 am »
Santorum's faulty premise on healthcare reform |  March 26, 2012, 5:20 pm »

Archives
 


About the Bloggers
The Opinion L.A. blog is the work of Los Angeles Times Editorial Board membersNicholas Goldberg, Robert Greene, Carla Hall, Jon Healey, Sandra Hernandez, Karin Klein, Michael McGough, Jim Newton and Dan Turner. Columnists Patt Morrison and Doyle McManus also write for the blog, as do Letters editor Paul Thornton, copy chief Paul Whitefield and senior web producer Alexandra Le Tellier.



In Case You Missed It...