Free Markets, Free People


The “Obama Economy”

If this NPR poll has any validity, it removes, once and for all,  the “I inherited this mess” meme from Obama’s rhetorical quiver. Americans see this as his mess now and they’re not particularly happy with how he’s handling it:

In another part of the poll, respondents were asked which of two statements on the economy came closer to expressing their view. The first statement: “President Obama’s economic policies helped avert an even worse crisis and are laying the foundation for our eventual economic recovery.” The second statement: “President Obama’s economic policies have run up a record federal deficit while failing to end the recession or slow the record pace of job losses.” A plurality preferred the second statement, 48 percent to 45 percent.

Another indicator of the point:

Greenberg and Bolger found that 38 percent considered the country to be going in the “right direction,” while 54 percent saw it on the “wrong track.” But that 15-point negative reading was the least negative of any NPR poll in more than year. The portion saying “wrong track” had been nearly 90 percent in the NPR poll done in the fall of 2008.

The principal reason for negativity appeared to be the economy. Asked to assess the current state of the economy, 49 percent called it poor while 42 percent opted for “not so good.” Only 8 percent said it was good and only 1 percent said excellent.

While NPR tries to soften the news, the fact remains that a solid majority think the country is on the wrong track. As mentioned above, there’s a 15 point difference between right and wrong track polling.

Lastly:

The so-called generic ballot question was also very close. Asked whether they would support a Democrat or a Republican for Congress in 2010 if the election were held today, 42 percent said they would choose a Democrat and 43 percent a Republican, a difference well within the poll’s margin of error (plus or minus 3.4 percentage points for each number in each question).

All three areas show a trend that has to be troubling to Democrats and the administration. In political terms, 2010 is right around the corner. And yes, it’s still early in the administration, but after the honeymoon, it appears those polled are not happy, for the most part, with what they’re seeing from either Congress or Obama.

~McQ

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11 Responses to The “Obama Economy”

  • Too bad they didn’t ask the question about if those polled felt like idiots for being suckered by Obama and the Dems?

  • When did the “housing bubble” burst ?   Who was running Congress then ?

  • To be honest, aside from things life affecting things like the stock market and I don’t consider the President capable of affecting things like unemployment or inflation very rapidly. There’s probably 1-2 year lag on the President’s policies having a full effect.

    That being said, Obama promised to cap unemployment at 8 percent in order to pass his government expansion measures. He should be duly cudgeled with that fact on a regular basis.

    • That should read “There’s probably 1-2 year lag on *any* President’s policies having a full effect”

  • From reading the poll questions they were really asking if his economic policies achieved anything, not whether the state of the economy was his fault.  If you really wanted a poll that determined who the people thought had ownership of the problem it would have to reference the Bush administration as the source of the economic woes and obama’s failure to fix the problem.
     

  • You know, if Obama had been a governor or something in 2006-2008, I might be lenient to the “inherited mess” concept.
    He was a Senator, and from the majority party to boot. MSM maybe needs to explain this to the average vorer who thinks the President is like a king who control the economy.

  • I really think you need more birther threads,  rather than these tedious economic ones that noone reads past the headlines.   Just compare the popularity of the last one!

  • A few weeks ago, I expressed an opinion that the Blue Dogs were in open revolt and both cap & trade and Obamacare were effectively dead.  The whole reason for the urgency of health core reform legislation was to pass it before the Blue Dogs discovered the intensity of backlash from their constituents.  Despite all the arm twisting from Pelosi, there was no sale. 

    Blue Dogs face a lose-lose decision.  They can ignore the wishes of those they represent and vote for Obamacare or stand with their constituents and oppose it.  It makes little difference which way they go.  Vote with Pelosi and anger the voters in your district or vote against her and face the wrath of the Liberals.

    I have been thinking about this since 2006 when the red states bought the lies that these people represented a better path than their republican opponents.  Frankly, having “pretend” fiscal conservatives under Nancy’s thumb makes them unreliable.  What we should do is run grown ups,  real conservatives, not RINOs, against them.  If they voted for the stimulus, cap & trade or Obamacare, hold their feet to the fire.

    In August, the American people will be educated on the contents of Obamacare.  The government will have access to your medical records, your bank and brokerage accounts.  They will regulate fees doctors can charge and which tests they can order for a specific treatment.  The bill includes cuts in medicare and medicaid funding.  It mandates generic drugs,  affirmative action for medical schools and end of life counseling.  It will certainly fund abortion on demand with our money.  ACORN and SEIU will takeover hospice and in home care.  Obamacare is a monster.

  • Since the government has been so invovled in trying to fix the economy, I’m surprised at how well the gold price is holding up, as shown here http://www.bloomberg.com/apps/news?pid=20601116&sid=aA3eLD2EZ5CM

  • In August, the American people will be educated on the contents of Obamacare.  The government will have access to your medical records, your bank and brokerage accounts.  They will regulate fees doctors can charge and which tests they can order for a specific treatment.  The bill includes cuts in medicare and medicaid funding

    It will treat more Americans more effectively than any previous healthcare system.

  • Blewyn:
    What evidence do you have that this is true?  How are we going to pay for this system?  Why would doctors remain in this system?  It didn’t work in Massachusetts.  The system cost 600% more than projected.  In Canada and the UK it has resulted in rationing, treatment delays and death.  Why will it work in the US?

    Have you read the bill?

     

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