Obama, the Recession, and Polls
A CNN poll released today finds that “opinion about which political party is responsible for the severe economic downturn is shifting.” According to the survey, “38 percent of the public blames Republicans for the country’s current economic problems. That’s down 15 points from May, when 53 percent blamed the GOP. According to the poll 27 percent now blame the Democrats for the recession, up 6 points from May. Twenty-seven percent now say both parties are responsible for the economic mess.”
Similarly, the Gallup tracking poll has President Obama dipping below 50 percent approval for the first time, with 49 percent approving and 44 percent disapproving of the job he’s doing as president.
None of this is surprising, really. While we may technically be out of the recession, unemployment is now in the double digits for the first time in many Americans’ memory and trending upwards. Obama’s sitting in the White House and, rightly or wrongly, he gets the blame.
It’s actually rather remarkable that he’s doing as well as he is. I credit Bush Fatigue. People were so glad to see his predecessor leave office that Obama still seems good by comparison.
But that won’t last forever.
As longtime readers know, I believe presidents get far, far too much credit for good economic circumstances and far, far too much blame for economic downturns. But that’s the nature of the game.