Friday, October 21, 2011

Obama Job Approval Average Slides to New Low

The media can't sugarcoat the facts. Obama is an awful president. The people has spoken and they will take it to the voting booths on November 2012. There is no way for Obama to recover in the next 11 months. The American people are noticing that unemployment is still high, job claims remain high, consumer confidence in the dumps, and the stock market sucks. These are due to Obama's failed policies.

(Gallup) PRINCETON, NJ -- President Barack Obama's 11th quarter in office was the worst of his administration, based on his quarterly average job approval ratings. His 41% approval average is down six percentage points from his 10th quarter in office, and is nearly four points below his previous low of 45% during his seventh quarter.

The most notable event in Obama's 11th quarter was probably the negotiations to raise the federal debt ceiling in late July and early August. Shortly after the agreement was reached, the stock market plummeted after Standard and Poor's downgraded the U.S. credit rating. Later, the government's jobs report showed no new net jobs were created in August, a sign the economy was still a long way from recovery. The president has been unsuccessful so far in getting Congress to pass the jobs bill he proposed in early September.