48% Give Obama Poor Marks on The Economy

Rasmussen Reports

This past week, President Obama made a highly-publicized push on the economic front, including a proposed $50 billion jobs plan, tax credits for small businesses and a press conference to promote it all. But 48% of voters still say the president is doing a poor job when it comes to handling the economy, according to a new Rasmussen Reports national telephone survey.

Thirty-six percent (36%) rate the president’s performance on the economic front as good or excellent.

These findings, taken early in the week, show little change in voter perceptions since early November of last year.

But the latest results mark a drastic change from just after Obama’s inauguration.  In late January 2009, 53% of voters gave the president positive ratings on his handling of the economy, while only 19% gave him poor marks.

In late July, for the first time since Obama took office, voters see his policies as equally to blame with those of President George W. Bush for the country’s current economic problems.

Not surprisingly, 62% of Democrats say the president is doing a good or excellent job when it comes to the economy. Seventy-eight percent (78%) of Republicans and 69% of voters not affiliated with either party disagree and say Obama’s performance in this area is poor.

The survey of 1,000 Likely Voters was conducted on September 6-7, 2010 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95%level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Fifty-five percent (55%) of voters continue to oppose a second economic stimulus package.

A solid majority (61%) say cutting government spending and deficits will do more to create jobs than the president’s new jobs program.

Eighty-one percent (81%) of American adults know someone who is out of work and looking for a job, and just 14% say the job market is better now than it was a year ago. Forty-six percent (46%) say the job market is worse today.

August was the 23rd straight month during which the number of workers that report their firms are laying off is higher than the number who say their firms are hiring, according to the latest Rasmussen Employment Index.

To read more, visit: http://www.rasmussenreports.com/public_content/politics/obama_administration/september_2010/48_give_obama_poor_marks_on_the_economy

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