PostHeaderIcon Obama’s approval rating falls



After a very strong start early in presidency, popular Barack Obama is now experiencing an erosion of his approval rating as the Rasmussen reports the following salient findings as of Monday, June 22, 2009. His approval index has dropped to negative (-1).

33% of voters strongly approve
34% of voters strongly disapprove
(-1) net approval index

Among other findings from the survey, many voters still blame the Bush administration for the faltering economy, but the number has fallen to 54%----8 points down from last month. This indicates that the problem of the economy during the change of leadership is getting to be attributed to Obama rather than Bush.

The consumer confidence according to the survey is at its lowest level in the last two months. Americans are equally divided on whether to push through with healthcare reform now (46%) or wait on a later date to coincide with economic recovery(45%).

There is doubt on the massive spending Obama has laid out for the bailout of banks, mortgage institutions, auto industry and private companies which many believe compromises taxpayers’ money. If the economy improves (i.e. it comes out of the recession) Obama’s numbers are expected to rebound to his favor. But further slide of his rating is expected if financial trouble persists and joblessness remains rampant.(Photo credit: Roddick Remixed) =0=

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