This is not the sort of 100 days that Obama, Reid and Pelosi had in mind. Schoen and Rasmussen in the WSJ catalogue the plummeting approval ratings of President Obama:

Rasmussen Reports shows a 56%-43% approval, with a third strongly disapproving of the president’s performance. This is a substantial degree of polarization so early in the administration. Mr. Obama has lost virtually all of his Republican support and a good part of his Independent support, and the trend is decidedly negative.

A detailed examination of presidential popularity after 50 days on the job similarly demonstrates a substantial drop in presidential approval relative to other elected presidents in the 20th and 21st centuries. The reason for this decline most likely has to do with doubts about the administration’s policies and their impact on peoples’ lives.

There is also a clear sense in the polling that taxes will increase for all Americans because of the stimulus, notwithstanding what the president has said about taxes going down for 95% of Americans…people now actually oppose Mr. Obama’s budget, 46% to 41%. Three-quarters take this position because it will lead to too much spending. And by 2-to-1, voters reject House Speaker Nancy Pelosi’s call for a second stimulus package…

There is no real appetite for increasing taxes to pay for an expanded health-insurance program. Less than half would support such an idea, which is 17% less than the percentage that supported government health insurance when Bill Clinton first considered it in March of 1993.

What a spectacularly inept performance by the new administration. Are any of these polling results a surprise when people have seen their own net worths decline almost 20% in a year? People may like the sound of the fellow’s voice, but they really dislike having their pockets picked by politicians.

This entry was posted on Saturday, March 14th, 2009 at 1:09 am and is filed under business, Democrats, General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.