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.

Share

Tags: , , , ,

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

PLEASE RATE this blog HERE,
and PLEASE VOTE for the blog below:



Thank you very, very much!
Advertising Disclosure here. Ad captions last reviewed/updated 3/7/17.
ANY CHARACTER HERE
Freeze Dried Food FREE GIFT WITH PURCHASE; Free Shipping (domestic orders). Review coming soon.
ANY CHARACTER HERE
Family-Owned & Operated in Chicago Suburbs! SAVE 10% OFF ALL ITEMS (promo code- home page); Free Shipping (U.S. orders) & Returns. Review coming soon.
ANY CHARACTER HERE
Buy Gold And Silver Coins U.S. GOLD (BULLION) COIN/BAR SALE!; 90% Silver U.S. Dimes & Quarters Sale; Secondary Market Silver Sale (1 oz. coins, 10 oz., & 100 oz. bars); World Gold Bullion Coins/Bars also on sale; Free Shipping on U.S. orders $99 and up (only $5.95 below $99!). BGASC reviewed HERE.
ANY CHARACTER HERE
BullionVault World's Largest Online Investment Gold Service taking care of $2 billion for over 65,000 users from 175 countries. BullionVault.com reviewed HERE.
ANY CHARACTER HERE
FLASH SALE! 2-WEEK EMERGENCY FOOD SUPPLY $67; SAVE 15% OFF ALL CASE PACKS; Big Savings on "Deal Of The Day" page; Free Shipping on orders over $79. MyPatriotSupply.com reviewed HERE.
ANY CHARACTER HERE
bullet proof vestsWorld'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
Survival Titles Save 20% SAVE 35% ON SELF-DEFENSE, COMBATIVES TITLES (promo code- home page); Discontinued Title Sale- Savings up to 75% Off Original Price. Paladin Press reviewed HERE.
ANY CHARACTER HERE
This project dedicated to St. Jude
Patron Saint of Desperate Situations



happyToSurvive

Categories

 

Archives

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

  • List Of Offshore Private Vaults Updated
    The list of private, non-bank vaults outside the United States (offering safe deposit boxes/lockers at a minimum) located on this blog’s sister site- Offshore Private Vaults- has just been updated. Safe deposit facilities now open for business have been added under the following countries: -Hong Kong (Smart Secured Storage) -Liechtenstein (Liemeta AG, Triesen) -United Kingdom […]
  • Related Reading: The Telegraph Looks At Latest Security Technology In Bank, Private Vaults
    I’m back after several days spent on matters related to the research business (focus: specialized asset protection) I’m in the process of rolling out. Despite the “spring break,” I compiled a good deal of material to blog about in the near future. Getting back into the saddle then… “How to rob a bank” This headline […]
  • Next Degussa Numis Day To Take Place March 30, 31
    Rare numismatic coins often find their way into safe deposit boxes. And Degussa, a leading international player in the precious metals world which also offers safe deposit boxes (for customers) at branches in Germany, Singapore, Spain, and Switzerland, has posted information about the next Numis Day (first blogged about here) at their Geneva and Zurich […]
  • Related Reading: Switzerland, Canada, United Kingdom Top U.S. News & World Report’s 2017 ‘Best Countries’ Rankings
    Here’s an annual survey one might consider when selecting an offshore safe deposit box location. U.S. News & World Report just released its “Best Countries” rankings for 2017. Kevin Drew reported Tuesday morning on the American media company’s website: Switzerland is viewed as the No. 1 overall country, according to a survey of more than […]
  • Related Reading: London’s Sharps Pixley Spotlighted By The Spectator Magazine
    Monday evening I read an interesting article about London, England-based precious metals showroom/safe deposit box service Sharps Pixley (first blogged about here). Margareta Pagano wrote on the website of The Spectator (UK) this past weekend: When the going gets tough, the tough go shopping. And when the going is seriously tough- as it may be […]