Political Hotsheet
October 7, 2010 7:05 AM

Obama's Approval Rating on Economy Falls Further

CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto.


President Obama's job approval rating has changed little in the past few months, but with the economic recovery lagging desperately behind where most Americans would like it to be, his work to fix the ailing economy is scoring ever-lower marks.

The public is divided on the overall job he is doing now: 44 percent say they approve, while 45 percent disapprove in a new CBS News poll -- virtually unchanged from last month.

The president's rating on the economy, however, has taken a further plunge in the poll. Now, only 38 percent say they approve of the job he is doing handling the issue - which has been the problem weighing most heavily on the nation's collective mind for months. Half of those questioned (50 percent) say they disapprove of his work on the economy.

CBSNews.com Special Report: Campaign 2010

The latest CBS News poll also suggests Mr. Obama's presidency, in general, has not lived up to the expectations of many Americans. In assessing his presidency so far, just one third of Americans said he has been a "very good" or a "good" president. According to 39 percent, he's been "average", while 27 percent say he has been a "poor" president.

Those ratings fall far short of the public's expectations when Mr. Obama took office. In January 2009, two out of three Americans said they expected him to be a good or very good president. Only four percent said they thought he would be a poor president.

Poll: Just 22% See Palin as Capable President

With these negative evaluations, President Obama's involvement on behalf of candidates running for office in November could prove detrimental. While most voters say the President's support for a candidate would not affect their vote, among those to whom it would make a difference his involvement would be more negative than positive. If President Obama supported a candidate in their area, just 15 percent of likely voters say that would make them more likely to vote for the candidate, and twice as many (31 percent) say it would make them more likely to vote against that candidate.

Read the Complete Poll


This poll was conducted among a random sample of 1,129 adults nationwide, interviewed by telephone October 1-5, 2010. Phone numbers were dialed from RDD samples of both standard land-lines and cell phones. The error due to sampling for results based on the entire sample could be plus or minus three percentage points. The error for subgroups is higher. This poll release conforms to the Standards of Disclosure of the National Council on Public Polls.
Tags:
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Barack Obama ,
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economy
Topics:
Campaign 2010 ,
Polling ,
White House ,
Obama Administration

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by verifiabletruthmatters October 7, 2010 3:12 PM EDT
MAINSTREAM MEDIA NEEDS TO DO A BETTER JOB EXPOSING THE RIGHT WING CORRUPTION AND THEIR CAMPIAGN OF DECEIT NOW ENTERING ITS 4TH DECADE. THE ACCELERATION THEY'RE PRODUCING WITH THE INCESSANT LIES IS GOING TO DESTROY THE UNITED STATES. The GOP made a decision in the 1980s to pursue a MOTTO: FIX THE DATA TO PUSH THEIR HALF DOZEN HIDDEN AGENDAS. This corruption was exposed in 2005 in "The Republican War on Science" by Chris Mooney. It was further exposed in NPR's Fresh Air interview with Jane Mayer on 8-26-10 about her article in the August issue of the New Yorker, "Covert Action". KOCH (COKE) Industries, an oil conglomerate making $100 billion/year, is a large part of the funding for the T.E.A.party and one of the four Hydra heads that now make up the GOP. It was exposed with Fresh Air interviews with Jeff Sharlet on 9-23-10 about his 2nd book "C Street". Sharlet has done an extensive investigation on members of "THE FAMILY--the Secret Fundamentalism At The Heart of Power" and their stealth campaign since 1935 to create a Christian Theocracy in the US and Christian World Domination. MOTTOS like "Totalitarianism For Jesus". They don't even believe in Democracy but there's 3 dozen of them in Congress. In the fall of 2007 by both Fresh Air and then PBS',Bill Moyers Journal around 11-27-2007 talked with Pastor John Hagee, part of the 50 million Evangelical Fundamentalists supporting Israeli atrocities. They have convinced themselves they see all the Signs For The End of Days. Since they're TRUE BELIEVERS they'll be taken up into the heavens in The Rapture. Israel must steal all of Palestine for the Prophecies of the Book of Revelations to come true. Israeli atrocities were a major factor in the attacks of Sept 11, 2001. Israel has killed another 3000 innocent people since July 2006 in Lebanon and Gaza, harmed the lives of 25,000 others and destroyed BILLIONS of dollars of civilian infrastructure. Then there's the Neocons that dominated the Bush-Cheney Administration trying to enforce their policy laid out in the Wolfowitz Doctrine they created in 1991 making The Mideast the next target to justify the DOD budget currently $685 BILLION. They created the PNAC in 1997 for U.S. world military domination currently costing U.S. taxpayers $1.5 TRILLION/year. So the GOP is a 4-headed Hydra with multiple limbs that make up the infrastructure of DECEIT--Think Tanks that create phoney studies like discrediting Global Warming and renewable energy because BIG OIL wants to sell Americans trillions in oil products. Corrupt Front Groups and Foundations which funnel hundreds of millions of Special Interest funds into the campaign of deceit. They currently have 8 Front Groups spending more than $3 BILLION in deceitful attack ads for the Midterms. And the Right Wing Pundits of DECEIT spewing lies 24/7 on Media outlets like FOX Cable. 99% of what comes out of the Right Wing is one bald-faced lie after another. A dozen Watch Dog Groups have been formed to help protect the American people like FACTCHECK.ORG, POLITIFACT, Center For Public Integrity, etc. Glenn Beck and Rush Limbaugh, two of the more corrupt pundits of DECEIT have repeatedly called for the Right Wing to rig the election of 2010 and 2012, as they push the lie that Obama won in 2008 by rigging with ACORN?s help. The Conservatives in Congress led by John Boehner and Mitch McConnell did everything in their power to sabotage The Stimulus designed by 3 dozen economists from the Left and the Right based on extensive studies of past severe recessions and the Great Depression. The GOP teamed up with 3000 Wall Street Lobbyists to gut FINANCE REFORM even though the meltdown of Sept 2008 was the 3rd time derivatives have damaged the economy due to GOP deregulation. (See PBS's Frontline, "The Warning" released in Oct 2009 about the 2nd time). The GOP coup was making sure that small businesses which supply the bulk of the jobs couldn't get the help or credit lines they needed, so they didn't have the cash flow for payroll and to fill the orders that have been waiting. Hence no JOBS. There's also 16 million Green Jobs waiting in the wings that the GOP won't support because 90% of Conservatives are owned by the Special interests and that means BIG OIL, who doesn't want renewable energy to succeed. The American people are actually going to be dumb enough to put the very people back into power in 2010 who caused all the problems we?re having with their damage-repair cycles. That's what the Obama Administration is up against. Don?t put this Campaign of DECEIT back into power, because they?re every bit as reckless and without Conscience as they were during the Bush-Cheney Administration.
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by Hip_Hop_Jesus October 7, 2010 3:11 PM EDT
New Entrepreneur's Starting Kit (NESK) ^^^^^^^^^ President Obama should get advice from farmers because both plants and companies start as seeds and with a lot of work and technology and love both produce beautiful fruitions every year...
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by sjc_1 October 7, 2010 3:00 PM EDT
The first year most of ARRA went to tax breaks for businesses, which did not create jobs. The rest went to saving fire, police and teachers jobs which kept them from losing their homes. The second year is roads, bridges and schools, which has a direct and indirect effect of saving and creating jobs. What we need is SBA direct investments in saving and creating businesses that employ and hire.
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by chevyhotrod October 7, 2010 3:08 PM EDT
We you say "went to saving fire, police and teachers jobs", you really mean unions. What about everyone else? How do you give a tax break to individuals that do pay taxes? It's called a welfare check.
by ken1dall October 7, 2010 2:53 PM EDT
What did people really expect from a man who was going to "fundamentally change America". He is changing it into a progressive socialist, third world banana republic. I hope everyone is happier now.
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by gmmisp1 October 7, 2010 2:50 PM EDT
ET4321 bankrupt our country, how holy are thou. Where do you get off with a comment like that, you?re probably one of the millions that would rather use other peoples insurance by going to the emergency room every time you have a stuffy nose? I paid into these systems more than I ever got out of them you pompous A. When it?s all said and done you won?t have to worry about this bankrupting this country it will be small minds like yours that do us in.
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by chevyhotrod October 7, 2010 3:01 PM EDT
Millions will continue to use the emergency rooms even after this so called healthcare has passed, look to Massachusetts healthcare system if you want to know the truth. You were fooled and you continue to believe a lie.
by michaelm07 October 7, 2010 2:43 PM EDT
I'd bet any poll related to Obama is adjusted to impact him less critically. I'll bet 10.1% is being generous to that boob and his minions. No matter, he's a failure regardless and Jimmy Carter is thanking God for Obama.
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by countrycuz1 October 7, 2010 2:41 PM EDT
In today's NY Times there is an article describing how the Obama administration has already begun handing out exemptions to large corporations which will allow them to weasel out of their obligations under ObamaCare. This deeply concerns me. This comes on top of the earmarks distributed from stimulus money and the the direct power grab of the energy industry by Cap and Trade. ObamaCare is becoming exactly what I said all along. A series of sleazy deals with big business to create the most powerful patronage system ever imagined. Boss Tweed would be proud how Obama has elevated scummy Chicago style politics to a new level! I truly fear for the future of our liberty, along with our principles of federalism and Checks and Balances. Of course no word yet on the Corporate Barack System!
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by chevyhotrod October 7, 2010 2:51 PM EDT
I have seen this too, know Obama gets to dish out exemptions to large corporation right before the election. I wonder what they have to donate to the Democrats campaigns to get these exemptions. The exemptions are only for one year, image that. Freakin scary.
by Simifanene October 7, 2010 2:37 PM EDT
As the richest man in the world said, "It's time to tax the rich like me, to help our country in a time of need." Mr. Buffet actually ask the President to heavily tax the rich to the limit and lower the tax for the upper middle class and below. He said it would remove our treasuries deficeit, increase spending and benefit the all American's. The rich would pay more taxes but would also make more money from the stable society that is buying more of their products. Come on Mr. President. Follow Mr. Buffet, he knows what he's talking about. Clear the deficeit, as you lower the majorities taxes and squeeze the rich into paying their fair share of taxes. They'll still be rich and they'll still be able to live a luxurious life. Our country will prosper from a war and recovery tax upon the top 20%. Lower the upper middle tax and they will also run to the polls voting for the President and Party that brought releif to their family during a time of war. Even some of the Rich beleif taxing the rich will save America. Save yourself, our party and our country with Buffet's wisdom. A matter of fact, why not bring Warren Buffet into your staff. He's richest man in the world because he knows econmomics inside and out. Save America with the Buffet War Recovery Tax. Save yourself as you bring America out of the Republican Depression. You've done well so far, but a tax is needed to eleminate the Bush's deficeit and at the same time fill our treasury. Then make jobs with the excess tax revenues. Ten million jobs, no out sourcing, just all Americans working and the economy booming.
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by chevyhotrod October 7, 2010 2:57 PM EDT
"It's time to tax the rich like me" There are only 400 billionaires that live within the US and Mr. Buffet is at the top of the list. People making $250K per year are not at all the least bit like Mr. Buffet. Deficits are about spending, they are not created by not taking enough of other peoples money. Mr. Buttet should take his wealth and either sign a big check to uncle sam or I have a better idea, he could give out bonuses to every employee that works at one of his companies that make under 50K. That would be a true definition of spreading the wealth, after all, who are the people that have made him so much money?
by luadda22 October 7, 2010 3:14 PM EDT
Simifanene, any bets that Buffett has paid any taxes over and above what he was required by law to pay??? He may talk a good game but his statements are bogus and empty. If you feel guilty, you can send any additional money to the Treasury any time you want to. I may also ask you how you can reduce the deficit and increase spending at the same time. That's what got us into this mess in the first place. Spending too much money!
by YourRearViewMirror1 October 7, 2010 2:31 PM EDT
THE NEW VERY EASY GUARANTEED WAY TO GET POLITICALLY REWARDED IN AMERICA: DESTROY THE ECONOMY SO BAD THAT NOBODY NO PARTY CAN RECOVER IT WITHIN 20 MONTHS. GW BUSH IS A GENIUS!
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by chevyhotrod October 7, 2010 3:05 PM EDT
Hey genius, the Democrats won control of the House and Senate and have been in complete control of all federal spending since Jan. 2007, almost 4 years and counting. Bush and the Republicans tried to stop what was happening at Fannie and Freddie, and it continues to this day. Goto youtube and type in Fannie and Freddie hearings from 2004 and 2005, it is all there from CSPAN.
by YourRearViewMirror1 October 7, 2010 2:29 PM EDT
THE NEW VERY EASY GUARANTEED WAY TO GET POLITICALLY REWARDED IN AMERICA: DESTROY THE ECONOMY SO BAD THAT NOBODY NO PARTY CAN RECOVER IT WITHIN 20 MONTHS. ALSO, IF YOU IN THE MINORITY PARTY, SAY NO TO EVERTHING THE OTHER PARTY WISHES TO DO EVEN IF ITS AGAINST YOUR IDEOLOGY such as Tax Cuts for Businesses and TaxPayers.
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by chevyhotrod October 7, 2010 3:06 PM EDT
Hey genius, the Democrats won control of the House and Senate and have been in complete control of all federal spending since Jan. 2007, almost 4 years and counting. Bush and the Republicans tried to stop what was happening at Fannie and Freddie, and it continues to this day. Go to youtube and type in Fannie and Freddie hearings from 2004 and 2005, it is all there from CSPAN. Saying NO to everything was the Democrats strategy before 2006 and see where that got them?
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