The ever-eloquent populist-in-chief has just turned an important corner. It seems that the clear class warfare escapades he has been engaging in recently have backfired as, according to a poll by Associated Press-GfK, a majority of adults, 52 percent, said Obama should be voted out of office while 43 percent said he deserves another term. This confirms the report from the previous Gallup poll, that our President heads into election year with a significant problem: "Heading into his re-election campaign, the president faces a conflicted public. It does not support his steering of the economy, the most dominant issue for Americans, or his overhaul of health care, one of his signature accomplishments..." While understandably the party preferences bias for and against, it is the Independents that must be the greater concern as "The president's standing among independents is worse: Thirty-eight percent approve while 59 percent disapprove." Given the fact that its-the-economy-stupid, we wonder just how long the entirely independent and sacrosanct Federal Reserve will remain on the sidelines, or is QE3 coming Jan 1st?
From TIME magazine article: Poll: Obama Re-Election Odds About 50-50
The economy remains a source of pessimism, though the poll suggests the first positive movement in public opinion on the economy in months. One in five said the economy improved in the last month, double the share saying so in October. Still most expect it to stay the same or get worse.
"I suppose you could make some sort of argument that it's getting better, but I'm not sure I even see that," said independent voter John Bailey, a 61-year-old education consultant from East Jordan, Mich. "I think it's bad and it's gotten worse under (Obama's) policies. At best, it's going to stay bad."
Despite the high rate of joblessness, the poll found some optimism on the economy. Although 80 percent described the economy as "poor," respondents describing it "very poor" fell from 43 percent in October to 34 percent in the latest poll, the lowest since May. Twenty percent said the economy got better in the past month while 37 percent said they expected the economy to improve next year.
Yet plenty of warning signs remain for Obama. Only 26 percent said the United States is headed in the right direction while 70 percent said the country was moving in the wrong direction.
The president won a substantial number of female voters in 2008 yet there does not appear to be a significant tilt toward Obama among women now. The poll found 44 percent of women say Obama deserves a second term, down from 51 percent in October, while 43 percent of men say the president should be re-elected.
About two-thirds of white voters without college degrees say Obama should be a one-term president, while 33 percent of those voters say he should get another four years. Among white voters with a college degree, 57 percent said Obama should be voted out of office.
The poll found unpopularity for last year's health care overhaul. About half of the respondents oppose the health care law and support for it dipped to 29 percent from 36 percent in June. Just 15 percent said the federal government should have the power to require all Americans to buy health insurance.
Even among Democrats, the health care law has tepid support. Fifty percent of Democrats supported the health care law, compared with 59 percent of Democrats last June. Only about a quarter of independents back the law.