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11-12-2009, 02:24 PM #1
Obama's Numbers Continue To Slip
A report on by MSNBC on a poll provided the following interesting numbers:
Obama's Overall Approval Rating:
When elected - 74%
Today - 54%
People who think Obama is handling the economy properly:
October '09 - 50%
Today - 46%
People who disapprove of Obama's handling of Iraq:
October '09 - 37%
Today - 45%
People who disapprove of Obama's handling of Afghanistan:
October '09 - 41%
Today - 48%
So in just 1 month Obama has lost 4 points on the economy, 8 points on Iraq and 7 points on Afghanistan.
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11-12-2009, 02:26 PM #2
Greatest day of your life, isn't it?
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11-12-2009, 02:35 PM #3
Actually no. I would much rather Obama be successful than fail. I may not have voted for him but I love my country and want nothing but the best for it, regardless of who is in the White House. His failure hurts the country much more than it helps any conservative goal or agenda. I would take a successful 8-year term any day over a failed 4-year term.
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11-21-2009, 04:47 PM #4
http://www.gallup.com/poll/122627/Ob...l-Down-49.aspx
Obama's Gallup numbers drop below 50% for the first time to 49% with 44% disapproving.Selling all my cards here updated as of May------------> Hidden Content
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11-23-2009, 11:32 AM #5
IMO people are expecting things to change over night. That is not reality.
Any changes to economy policy will take 6 months to even have any effect or trickle down.
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11-23-2009, 11:46 AM #6
Like the stimulus? Unemployment is far greater now than Obama said it would ever get if the stimulus was passed. And it has been 9 months and things are worse than expected and possibly still on the decline...
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11-23-2009, 11:55 AM #7
Again sir you are incorrect
If remember correct the economy grew last quarter.
However, you will never agree Obama is doing anything well. You would rather cite one small instant so something rather then see the bigger picture. And trust me I know how bad the employment marker is. I have been sitting on the bench since Aug 08! Mass has been hit HARD very hard!
however i know any argument I pose to you you will disagree. No wonder I stopped posting in this forum! lol
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11-23-2009, 12:05 PM #8
I'm incorrect that unemployment is worse than it was projected and likely to continue to go up? That's what experts say, I'm just quoting them.
And haven't you heard about the double dip recession we're apparently going to have? Economists were predicting it as far back as July and August (2), but just last week even the President said it was likely. So actually, yes, even economically things are likely to get worse. Unemployment isn't "one small instance," it is one of the major driving factors of the economy and an indicator that the uptick in the economy is just a glitch at this point.
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11-23-2009, 12:36 PM #9
You are correct to some degree. The GDP grew by a bit. This has been directly attributed to the stimulus money funding things like Cash4Clunkers and the new home buyers rebate. The problem is that once the stimulus money ceases to flow the GDP also declines. In essence, the stimulus is a short-term fix to a long-term problem. The increase is not due to an improving economy, it is due to billions of dollars being pumped into it. Once the money dries up the economy goes back to what it was before.
However, OPT is also correct, the stimulus money has done nothing to help unemployment rates. Some of the top employers in the country are laying off in mass numbers. This is because large chunks of the money went into the pockets of big corporations like GM and AIG. These companies are using the money that they get to pay off debts and shareholders rather than keep their employees working.
There are two key things that the stimulus has not helped. One is unemployment rates as OPT has already pointed out. The other is the value of the dollar. As long as the Fed is making money and handing it out like candy the dollar will continue to decline and so will the economy. In the last 12 months the dollar has dropped 18% compared to the Euro. This means that it cost American companies more to do business overseas. Our products are worth less to them and it cost us more to buy theirs. As long as this trend continues our economy will continue to struggle.
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My honest opinion is that the #1 reason that Obama's numbers are dropping is because he promised "Change" and what we have gotten is the same old policy of big government, big spending and ignoring the voice of the people.
The reality is that we have the exact same thing right now that we had 2 years ago. A struggling economy, high gas prices, our troops spread around the world, a House and Senate that gets nothing done, special interest groups controlling the White House, unregulated spending...the only thing that has changed is the name of the guy sitting in the Oval Office.
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11-23-2009, 01:41 PM #10
yeah, so far not much has changed. I will say that a few months ago I read that only a very small percentage of stimulus money had been given out. I believe it was something around only 8%. Seems like the politicians are hanging onto it to give out next year when most of them are up for reelection. To me, if true, that's simply a horrifying plan. We all know that they use our money to buy power for themselves, but to sit on funds until right before an election just so their constituents with send them their votes is sickening. Again, no one knows if that's the exact motivation, but why did they need to pass the stimulus in a hurry only to sit on 90% of it?
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Originally Posted by madman1978 
