Friday, July 2, 2010

Obama’s Approval: Long-term trends

President Barrack Obama has reverted to the campaign mode. 

This became apparent Thursday in his “major speech” on immigration.

Fox News analysts say that Obama is in the campaign mode.  This week besides his campaign style exaggerations about the failing economy, Obama seems to be reverting to what he believes worked for him in 2008.  

Just maybe it won’t work this time.

The Wall Street Journal reported today that:

The economy shed jobs in June as meager private-sector hiring failed to make up for the end of thousands of temporary census worker jobs, the latest signal that an already-slow recovery might be shifting into an even lower gear.

The graphic on he web site was more telling. LINK

The Journal added:

The unemployment rate declined to 9.5% from 9.7% in May, but not because more jobs were available. Instead, 652,000 workers dropped out of the labor force, meaning they weren't counted as unemployed and looking for work.

The Rasmussen Poll reported that only 29% of the voters believe that Obama Stimulus helped the economy.   Some 43% believe it harmed the economy.

Perhaps what really turned Obama to the campaign mode was his poll ratings.  Rasmussen stepped back today and showed a graphic of Obama’s ratings going back to January 2009.  Here it is:

Rasmussen Approval Index

Obama has hit a new low.  If the ratings get any lower, will they go off the  chart?

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