Obama's luster isn't merely tarnished. It's corroded!
from WSJ:
Americans are growing more pessimistic about the economy and the war in  Afghanistan, and are losing faith that Democrats have better solutions  than Republicans, according to a new Wall Street Journal/NBC News poll.
Underpinning the gloom: Nearly two-thirds of Americans believe the  economy has yet to hit bottom, a sharply higher percentage than the 53%  who felt that way in January.
The sour national mood appears  all-encompassing and is dragging down ratings for the GOP too,  suggesting voters above all are disenchanted with the political  establishment in Washington. Just 24% express positive feelings about  the Republican Party, a new low in the 21-year history of the Journal's  survey. Democrats are only slightly more popular, but also near an  all-time low.
The results likely foreshadow a poor showing in  November's mid-term for Democrats, whose leaders had hoped the public  would grow more optimistic about the economy and, as a result, more  supportive of the party agenda. Now, despite the weak Republican  numbers, the survey shows frustrated voters on the left are less  interested than impassioned voters on the right to in the election. 
"Even with Republicans having low numbers, they are the opposition  party and are going to benefit from people saying, 'We're ticked off and  we want a change,"' said Republican pollster Bill McInturff, who  conducted the survey with Democratic pollster Peter Hart. "The way you  vote your discontent is to say you're going to vote Republican."
Mr.  Hart said the 2010 contest is being pulled by the sentiment associated  with the JetBlue flight attendant who fled his plane via the emergency  chute after an altercation with a passenger. Calling it the "JetBlue  election," Mr. Hart said: "Everyone's hurling invective and they're all  taking the emergency exit."
As in recent polls, Americans are split on President Barack Obama's  job performance, with 47% approving and 48% disapproving. But a majority  disapproves of his performance on the economy. And six in 10, including  83% of independents and a quarter of Democrats, say they are only  somewhat or not at all confident that Mr. Obama has the right policies  to improve it.
The survey suggests that Democrats should expect  little if any appreciation from voters for legislative achievements such  as overhauling the health care and financial systems. Six in 10  Americans rated Congress' performance this year as below average or one  of the worst. And the economy is dominating voters' worries. Among those  who believe the economy will get worse over the next year, 67% want a  GOP-led Congress.
"Several months ago I was very hopeful" said  Fort Worth, Texas, public-schools administrator Susan Stitt, 63 years  old, an independent who leans Republican. "But in May or so, about three  months ago, I just started hearing more and more little things on the  news that would chip away at my confidence."
Denis Goulet, 59  years old, a contract manager for Verizon from Calvert County, Md., and a  Democratic-leaning independent, said the economy made him "feel like  Charlie Brown kicking the football."
"Every time things start looking better, they start looking bad  again" he said. Mr. Goulet said he has always voted for Democrats, but  doesn't know how to vote this year. "I have gotten as wrapped up as  anyone else just trying to stay afloat."
On the Afghanistan war,  which had been an area of strength for the president since he revamped  his military strategy, 68% of Americans now feel less confident the war  will come to a successful conclusion. Just 44% approve of the  president's job on Afghanistan, down from a majority who approved in  March, the last time the poll addressed the topic.
Voters appear  evenly split on which party they hope will control Congress after  November. But Republicans retain an advantage among those more likely to  turn out. Among those most interested in the election, half favor GOP  control and 39% support the Democrats. One positive movement for  Democrats: That 11-point gap is down from 21 points in June.
Democrats and the president retain strong approval among minorities.  But they are losing some groups that helped the party take control of  Congress in 2006, particularly working-class whites. Among whites with  less than a college education—a group the two parties split in the  most-recent midterms—the GOP has a 16-point advantage, 49% to 33%, when  voters were asked which party they wanted to control Congress. 
Republicans,  meantime, are gaining ground on a number of issues that have  traditionally been advantages for Democrats. More Americans now think  the GOP would do a better job on the economy—an advantage the party last  held briefly in 2004 but has not enjoyed consistently since the  mid-1990s. On one of the Democrats' core issues, Social Security, just  30% now think the party would do a better job than the GOP, compared to  26% who favor the Republicans. That margin was 28 points in 2006.
"The  Republicans don't have a message as to why people should vote for them,  but it's pretty clear why you shouldn't vote for the Democrats," said  poll respondent Tim Krsak, 33, a lawyer from Indianapolis and  independent who has been unemployed since January. "So by default, you  have to vote for the other guy."
Thursday, August 12, 2010
It's Ugly Out There As Mood Turns More Grim
Labels:
consumer confidence,
sentiment