GOOD ECONOMY? IT DOESN’T MATTER. WE DON’T WANT BAMMY BACK.
Posted by Andrew Roman on May 7, 2010
Pundit after pundit, analyst after analyst – including many on the right – have pontificated that a second Obama term would all but be assured, regardless of whatever else was happening, if the economy improved. That was the criterion, according to many – the benchmark – for stretching four agonizing years into eight calamitous ones.
However, with the President’s approval numbers continuing to spread roots below the fifty percent line, a new poll suggests that even with an improving economy, people may not want to catch a Bammy return engagement.
Redi Wilson at National Journal.com writes:
American voters are more confident that the economy will improve in the next year, but trust in major institutions continues to fall — a slump that mirrors Pres. Obama’s tumbling approval rating.
Seven in 10 voters say the economy will improve over the next 12 months, according to the new Allstate/National Journal Heartland Monitor poll, while just 27% believe the economy will worsen. But 56% of voters say they have less confidence that elected officials in DC will make good financial and economic decisions.
I hate to interrupt a perfectly good article, but I’d be very interested in knowing exactly what it is that leads 70% of the population to think that the economy will improve over the next year. What, pray tell, is that based on?
Voters also say they have less confidence than they did a year ago in major corporations (50% say they are less confident), investment banks (55%) and national banks (51%) to make wise fiscal decisions.
As trust in national institutions falls, so has Obama’s approval rating. Just 48% approve of the job Obama is doing, while 46% disapprove, the poll shows. That’s down from a 61% approval rating Obama sported in an Allstate/National Journal poll conducted in April ’09.
Only 39% of voters said they would vote to re-elect Pres. Obama if the election were held today, while 50% say they would vote for someone else. A quarter of voters would definitely vote to re-elect Obama, while 37% would definitely vote for someone else.
So much for the “An-Improved-Economy-Means-An-Obama-Two-Term-Lock” theory.
Most people understand that if the economy begins to to recuperate – and we all hope it does – it will have little, if anything, to do with President Obama and his bankrupting, free-market-crushing crusades. The economy, if it improves, will do so in spite of Chicago’s most famous metrosexual.
The real question – the real story here – concerns Barack Obama’s approval rating versus his potential re-election numbers.
How is it that 48% of Americans still approve of the job he is doing, but only 39% approve enough to say they would re-elect him?
I guess approval doesn’t always mean you approve.
Even more brain-bending than that is the fact that four in ten Americans said they’d sign up for an Obama Book II.
Four in ten?
Based on what?
Who are these people, and are the hallucinogens they are receiving free through some government-sponsored health plan?
I’d love to be introduced to some of these folks. I have an overflow of Wyoming ocean front property I need to unload.