Expose Obama
May 8th, 2010By Reid Wilson, Hotline
Obama’s numbers keep going downAmerican voters are more confident that the economy will improve in the next year, but trust in major institutions continues to fall — a slump that mirrors Pres. Obama’s tumbling approval rating.
Seven in 10 voters say the economy will improve over the next 12 months, according to the new Allstate/National Journal Heartland Monitor poll, while just 27% believe the economy will worsen. But 56% of voters say they have less confidence that elected officials in DC will make good financial and economic decisions.
Voters also say they have less confidence than they did a year ago in major corporations (50% say they are less confident), investment banks (55%) and national banks (51%) to make wise fiscal decisions.
As trust in national institutions falls, so has Obama’s approval rating. Just 48% approve of the job Obama is doing, while 46% disapprove, the poll shows. That’s down from a 61% approval rating Obama sported in an Allstate/National Journal poll conducted in April ‘09.
Voters have lost faith in Obama to craft solutions to the country’s economic challenges. Just 39% say they trust Obama more than GOPers in Congress, while 32% say they believe the GOP has the right ideas. That 7-point gap is down from a 29-point Obama advantage in the April ‘09 poll.
Only 39% of voters said they would vote to re-elect Pres. Obama if the election were held today, while 50% say they would vote for someone else. A quarter of voters would definitely vote to re-elect Obama, while 37% would definitely vote for someone else.
