Polls show Obama down ahead of economic speech

WASHINGTON, Sept 6 Tue Sep 6, 2011 8:35am EDT

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WASHINGTON, Sept 6 (Reuters) - President Barack Obama's job approval ratings plunged to a new low ahead of his major economic speech on Thursday, with widespread discontent among Americans over his handling of the economy and jobs, according to a spate of polls released on Tuesday.

An NBC News/Wall Street Journal poll of 1,000 U.S. adults showed Obama's overall job approval rating at a low of 44 percent, down 3 percentage points since July, while his handling of the economy stands at 37 percent.

A Democratic pollster who helped conduct the survey said the poor results, which contain a 3.1 percentage-point margin of error, suggest Obama is no longer favored to win re-election in 2012.

An ABC News/Washington Post poll of U.S. adults showed that six in 10 Americans rate the president's job on the economy and jobs negatively, while one in three say they are now worse off financially since Obama entered the White House. It has a 3.5 percentage point margin of error.

A third poll of 1,000 likely voters by Washington-based Politico and George Washington University found that 72 percent of voters believe the country is either strongly or somewhat headed in the wrong direction, a jump of 12 percent since last May. That survey's results have a 3.1 percentage point error margin.

The polling, conducted last week, offers grim news for the president after a summer spent wrangling with Republicans in Congress over the debt ceiling and the budget in a rancorous debate that ended with Standard and Poor's unprecedented downgrade of the U.S. triple-A credit rating.

The polls also come three days ahead of his widely anticipated presidential speech to Congress, in which Obama is expected to confront Republican resistance to his agenda for creating jobs and spurring economic growth.

The package is expected to include projects for rebuilding roads, bridges and other infrastructure across the country, an approach Republicans who control the House of Representatives reject as wasteful spending.

New job figures, showing zero U.S. employment growth in August and a national jobless rate stuck at 9.1 percent, have stoked fears the U.S. economy could slide back into recession.

Obama's ability to reignite the economy could determine whether he keeps his own job in the White House after 2012.

The NBC/Wall Street Journal poll showed the president leading Republican front-runner Rick Perry, the Texas governor, by 47 percent to 42 percent and former Massachusetts Governor Mitt Romney by 46 percent to 45 percent.

But for the first time in that poll, Obama lost out to a generic Republican candidate by 44 percent to 40 percent, which could suggest a serious campaign obstacle given the bleak economic picture.

"Obama is no longer the favorite to win re-election," said Democratic pollster Peter Hart, who conducted the NBC/Wall Street Journal survey with Republican pollster Bill McInturff. (Reporting by David Morgan; Editing by Jackie Frank)

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Comments (8)
Curly wrote:
Unless Obama’s speech is at 180 degrees from what he has been giving for the last three years his approval rating will continue to go down. Now he may have a little bump just after the speech because he has a good delivery unless his teleprompter brakes. He HAS changed his speeches a little lately because he no longer talks about “green” jobs that he squandered so much money on and NO NEW CREATED.

Sep 06, 2011 9:03am EDT  --  Report as abuse
efpefp wrote:
It is so surprising the his approval rating is that high. Could it be that a Democratic Poll was taken, or are there still that many uninformed or misinformed or ignorant persons in this country. I accept that some will never change their minds because they just do not want to see and that some are racists and that some are mentally impaired.

Sep 06, 2011 9:13am EDT  --  Report as abuse
volcodc wrote:
Haha, following Jimmy Carter’s path. Way to go.

And you forgot to mention Ron Paul.
This isn’t a Perry/Romney race.

Thanks

Sep 06, 2011 9:20am EDT  --  Report as abuse
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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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