Thursday, May 5, 2011


Stuck In The Mud
Front: Two 

Obama’s Economic Policies Have Left The Nation’s Economy Sputtering On Several Fronts....
                                                                           Series
                                                      Front: Two

AMERICANS’ CONFIDENCE IN THE ECONOMY HAS HIT A NEW LOW

“Approval Of President Obama's Handling Of The Economy Hit An All-Time Low In A CBS/New York Times Poll Released Wednesday.” (Michael O’Brien, “Poll: Obama Gets Big Bounce, But Handling Of Economy At All-Time Low,” The Hill’s “Briefing Room” Blog, 5/4/11)

· “Just 34 Percent Of Americans Said In The CBS/Times Poll That They Approved Of The Way Obama Was Handling The Economy, The Lowest Point Since He Took Office.” (Michael O’Brien, “Poll: Obama Gets Big Bounce, But Handling Of Economy At All-Time Low,” The Hill’s “Briefing Room” Blog, 5/4/11)

57 Percent Of Americans Disapprove Of Obama’s Handling Of The Economy. (Washington Post/ABC News Poll, 1001 A, MoE 3.5%,4/14-17/11)

A New Weekly Low In Economic Confidence. “Gallup's Economic Confidence Index dropped to -39 in the week ending April 24 -- a new weekly low for 2011.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)

70 Percent Of Americans Think The Country Is On The Wrong Track. (New York Times/CBS News Poll, 1224A, MoE 3%, 4/15-20/11)

“Americans' Economic Confidence Declines Further.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)

“Nearly Half Of Americans Rated Current Economic Conditions ‘Poor’ During The Week Ending April 24 -- The Highest Level Of Negativity On This Measure So Far This Year.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)

Americans Have “Good Reason” For The Drop In Confidence. “Americans may have good reason to be less confident now than they were earlier this year.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)
  • “Gas Prices Are Surging And Are Approaching The 2008 Record High Of $4.11 A Gallon.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)
  • “Food Prices Are Also Surging, And Jobs Remain A Major Economic Problem.” (Dennis Jacobe, “Americans' Economic Confidence Declines Further,” Gallup, 4/26/11)
Almost 80 Percent Of Economists Are “Less Optimistic” About The Economy Than They Were A Few Months Ago. “Nearly eight in 10 economists say they’re less optimistic about the nation's economic outlook this year than they were three months ago and most call high energy prices the biggest threat to the recovery, according to a USA TODAY survey.”(Paul Davidson and Barbara Hansen, “Economic See Less-Positive Outlook As Consumers Face Energy-Price Squeeze,” USA Today, 4/25/11)
  • Mostly Because Of Higher Gas Prices. “Most of the 38 economists who reduced their estimates pointed to higher oil and gasoline prices primarily, as well as rising food and other commodity costs.” (Paul Davidson and Barbara Hansen, “Economic See Less-Positive Outlook As Consumers Face Energy-Price Squeeze,” USA Today, 4/25/11)
Source: Research Republican National Committe, www.gop.com