Latest Polls Reveal Significant Political, Financial Pessimism In U.S.

With all the recent wrangling going on in Washington, D.C., over the national debt, and the continuing economic crisis, I was curious to find out how my fellow Americans viewed all this. A number of polls from the last several days reveal they harbor a good deal of political and financial pessimism. From FOX News’ Dana Blanton yesterday:

After prolonged and painstaking negotiations on raising the nation’s debt limit, Congress receives its lowest job approval rating ever in a Fox News poll.

Only 10 percent of American voters approve of the lawmakers’ performance, according to Fox’s most recent poll, which was released Wednesday. That’s down from an already unimpressive 20 percent approval rating in June.

The previous record low was 13 percent in October 2008, around the time Congress passed TARP (the Troubled Asset Relief Program) in response to the subprime mortgage crisis.

In the new poll 81 percent of voters disapprove of the job Congress is doing — also a record.

Disapproval is high across the board, as Democrats (78 percent), Republicans (84 percent) and independents (86 percent) alike give Congress bad marks.

(Editor’s note: Italics added for emphasis)

This low Congressional approval rating mirrors the findings of a CNN/ORC International poll conducted August 1. From the CNN website on August 2:

The overall approval rating for Congress, now at 14 percent, is at an all-time low. Sixty-eight percent of respondents disapprove of how the Republican leaders in Congress handled the debt ceiling, 63 percent disapprove of Democratic leadership and 53 percent disapprove of President Obama’s role in the agreement.

Obama’s overall approval rating holds steady at 45 percent, but his support among liberals, at 71 percent, remains at a record low and more than half of all Democrats say he gave up too much in the debt ceiling deal. Just one-third of Republicans polled said their party’s leaders gave up too much in the agreement.

Turing to the U.S. economy, Reuters’ Steve Holland wrote on the MSNBC website last night:

Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday…

President Barack Obama was politically bruised in the brutal, weeks-long debt debate, and negative views on the economy are worrisome signs for his 2012 re-election bid.

His approval rating dropped to 45 percent from 49 percent a month ago, according to the poll conducted from Thursday to Monday…

The Reuters/Ipsos poll found 73 percent of Americans believe the United States is “off on the wrong track,” and just one in five, 21 percent, think the country is headed in the right direction.

The survey found that 47 percent believe “the worst is yet to come” in the U.S. economy, an increase of 13 percentage points from a year ago when this question was last raised.

This is the highest measure since March 2009, when concern peaked at 57 percent, at the height of the recession.

(Editor’s note: Italics added for emphasis)

Interpreting the results of an August 4-7 USA Today/Gallup poll, Gallup’s Jeffrey M. Jones pointed out Tuesday that Congress could be in for another major shake-up and President Obama should be concerned about his re-election. Jones wrote:

About one in five U.S. registered voters (21%) say most members of Congress deserve re-election, the lowest percentage Gallup has found in the 20-year history of asking this question. The prior lows of 28% were recorded in 2010 and earlier this year.

The percentage who say most members of Congress deserve re-election is slightly higher, 24%, among the larger population of national adults than among the eligible voting electorate…

The poll finds voters about evenly divided as to whether President Barack Obama deserves re-election, with 47% saying he does and 50% saying he does not. Those figures are unchanged compared with May of this year, but better than Gallup measured last October.

(Editor’s note: Italics added for emphasis)

With so much at stake, the November 2012 election is shaping up to be another nasty contest.

Oh joy.

Sources:

Blanton, Dana. “Fox News Poll: Record Low 10 Percent Approve of Congress.” FOX News. 10 Aug. 2011. (http://www.foxnews.com/politics/2011/08/10/fox-news-poll-record-low-10-percent-approve-congress/). 11 Aug. 2011.

“CNN/ORC Poll: Most Americans dislike debt deal, think lawmakers acted like ‘spoiled children’” CNN.com. 2 Aug. 2011. (http://politicalticker.blogs.cnn.com/2011/08/02/cnn-poll-three-quarters-believe-politicians-acting-like-spoiled-children/?hpt=po_bn4). 11 Aug. 2011.

Holland, Steve. “Poll: Most say US is on the wrong track.” Reuters. 10 Aug. 2011. (http://www.msnbc.msn.com/id/44096133/ns/us_news-life/#.TkPU2mFIqAV). 11 Aug. 2011.

Jones, Jeffrey M. “Record-Low 21% Say Most in Congress Deserve Re-Election.” Gallup.com. 9 Aug. 2011. (http://www.gallup.com/poll/148904/Record-Low-Say-Congress-Deserve-Election.aspx). 11 Aug. 2011.

Tags: , , , ,

Thursday, August 11th, 2011 Government, Main Street, Political Parties

No comments yet.

Leave a comment

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

This Project Dedicated to St. Jude
Patron Saint of Desperate Situations



Please Rate this Blog HERE

happyToSurvive

Advertising Disclosure here. "Code Needed"=Promo Code Found On Advertiser Website. Ad Captions Last Updated 4/18/16.
ANY CHARACTER HERE
Remington Sale Ends 4/30
ANY CHARACTER HERE
Blade HQ Knives Blade HQ Review Coming Soon
ANY CHARACTER HERE
Buy Gold And Silver Coins Gold/Silver Sale, inc. Chinese Gold Pandas, 90% Silver Franklin Half Dollars (Singles/Rolls/Bags). BGASC Reviewed HERE.
ANY CHARACTER HERE
BullionVault World's Largest Online Investment Gold Service & Part-Owned By World Gold Council. BullionVault.com Reviewed HERE.
ANY CHARACTER HERE
Home Of "Survival Seed Vault" Premium Heirloom Survival Seeds. MyPatriotSupply.com Reviewed HERE.
ANY CHARACTER HERE
Nitro-Pak--The Emergency Preparedness Leader Wise Foods Sale, Up To 50% Off; Mountain House Sale, Up To 35% Off; Warehouse & Clearance Sale, Up To 70% Off! Nitro-Pak Reviewed HERE.
ANY CHARACTER HERE
Instant Upgrades! Up To $977.99 In Free Meals; Dehydrated Green Beans Up To 34% Off; Sampler Pack Now Only $25. Food Insurance Reviewed HERE.
Firefield Sale Ends 4/30
ANY CHARACTER HERE
Chief Supply Tactical Apparel and Gear for Law, Fire, EMS, Military and Outdoors @chief Tru-Spec 24/7 Series Pants 25% Off Thru 4/30; Free Bluetooth Speaker w/ Fatt Maxx 6"/8" Side-Zip Boots; 25% Off Propper Polo Shirts (Code Needed). CHIEF Supply Reviewed HERE.
ANY CHARACTER HERE
World's First Bulletproof Baseball Cap Only $129; Bulletproof Ceramic Plate (NIJ Level III Stand-Alone) Only $169; Bulletproof Backpack/Messenger Bag Panel Only $99. BulletSafe Reviewed HERE.
ANY CHARACTER HERE
Firearm Training Alternatives (Airguns/Airsoft). PyramydAir.com Reviewed HERE.
ANY CHARACTER HERE
40% Off All Orders Thru 4/20 12 PM PST (Code Needed). Airsoft Megastore Reviewed HERE.
ANY CHARACTER HERE
Survival Titles Save 20% 35% Off All "Deals Of The Week" Thru 4/18 (Code Needed). Paladin Press Reviewed HERE.
 

Categories

Archives

Prepper Website

RSS Chris Hill’s Other Blog: Offshore Safe Deposit Boxes

  • Spring Break
    I will be on my “spring break” from blogging on Offshore Safe Deposit Boxes after publishing this post. New material will appear again on the blog starting Monday, May 2. Thanks, Christopher E. Hill Editor
  • Ecuador President Announces One-Time Tax On Millionaires, Workers After Earthquake
    From an Associated Press article on the Fox News Latino website Thursday: President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador’s worst earthquake in decades… Using authority granted by the state of emergency he declared after Saturday night’s […]
  • The Safe House In Singapore
    More safe deposit box news out of Singapore. The Middle Ground, a news site covering that part of the world, ran an article back on March 31 about award-winning bullion dealer Silver Bullion and its subsidiary- The Safe House (TSH), a Singapore private, non-bank vault. Ryan Ong wrote: Silver Bullion is a company that owns […]
  • Bank Branches To Suffer ‘Dramatic Decline’ Over Next Decade?
    Have a safe deposit box at a local bank branch? You may be kissing it goodbye in the next couple of years. Niraj Chokshi reported on The Washington Post website Tuesday: That bank branch on the corner — and the one on the way to work — may not be there much longer. As technology […]
  • Degussa Singapore Latest
    Back on November 3, 2015, I blogged about how Degussa, a leading international player in the precious metals world, had just opened its first Asian branch in Singapore. Yesterday, I came across an article on The Edge Markets website about Degussa Singapore. Jeffrey Tan reported: Degussa Singapore is part of an expansion plan driven by […]