Thursday, July 9, 2009

The Downward Trend Continues

Looks like I was right that Obama officially took responsibility for the economy a bit too soon.  Now that he's on the hook, his numbers are accelerating their downward spiral:

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 30% of the nation's voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-eight percent (38%) Strongly Disapprove giving Obama a Presidential Approval Index rating of –8. The President's Approval Index rating has fallen six points since release of a disappointing jobs report last week...

Thirty-nine percent (39%) now give the President good or excellent marks for handling the economy while 43% say he is doing a poor job. Those are by far his lowest ratings yet on the economy

Gateway Pundit offers the following tidbits:

His approval index number has now dropped 38 points in less than 200 days in office.
And, that's with 1,000% support from the state-run media!

39% say Obama is doing an excellent job on the economy?
...That is pure insanity.
What sort of economic depression would we have to be experiencing before these loons come off their Kool-Aid high?

Good question.  I'm guessing such a depression doesn't exist - these people will love and support him no matter how bad things get.  Why do I say that?  Well, remember that for the 2006 tax year (the latest available), 40% of Americans paid no income tax.  These are the people who are living large off of you and me, and paying nothing back into the system.  Obama has promised them even more goodies, so why would they think he's doing anything other than excellent work?

Unless, of course, the entire country goes into hyperinflation and has an all-out, full-fledged economic collapse, leaving literally no one with any resemblance of wealth.  Then they'll get mad about it, but only because they have no one to pay for their satellite TV and cellphones anymore.  But, if we get to that point, it hardly matters, does it?

There's my two cents.

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