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Obama Gets Little Credit From Most in Poll for Economy

Americans’ unwillingness to credit U.S. President Barack Obama with economic progress could curtail his lasting reputation in a nation that has given added weight to presidencies interpreted as financial successes. Photographer: Andrew Harrer/Bloomberg
Americans’ unwillingness to credit U.S. President Barack Obama with economic progress could curtail his lasting reputation in a nation that has given added weight to presidencies interpreted as financial successes. Photographer: Andrew Harrer/Bloomberg

Dec. 10 (Bloomberg) -- President Barack Obama gets little credit from the public for economic progress under his watch as his job approval has plummeted to a new low of 42% in the Bloomberg National Poll. * Americans by 50% to 45% say improvements in the unemployment

rate would have happened regardless of anything the Obama

administration has done * 60% say he isn’t responsible for a turnaround in housing and

64% don’t give him credit for surging stock prices,

according to the telephone poll of 1,004 Americans taken

Dec. 6-9 * 58% of Americans disapprove of his handling of the economy -

- a 10 percentage-point increase from a year ago and the

largest number since September 2011 when a showdown over

lifting the debt ceiling in August had brought the U.S. to

the brink of default * 55% disapprove of his performance on “making people like me

feel more economically secure” * Americans are in a gloomy mood this holiday season, with 67%

saying the country is on the wrong track, just one

percentage point better than three months ago

For Related News and Information: Republicans Plan Pivot in Obamacare Fight as Website Works NSN MXEB5Q6K50Y9 <GO> Obama Plummeting With Investors in Poll as Stocks Make New Highs NSN MWN22N6K50YQ <GO>

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