By Robert Laurie ——Bio and Archives--October 8, 2014
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Just 24 percent of Americans say they are extremely or quite confident in Obama's economic policies and goals, down from 33 percent when the question was last asked in June 2013, the previous low-point of the Obama presidency.That's a nine point drop from Obama's previous low. This, if you're hanging your electoral hopes on voters' economic outlook is what we call "not great news." Unfortunately for Dems, it's not the worst of the Data.
44 percent of the public say they have no confidence at all in the president on the economy, tied with the prior low in August 2012.Almost half of the public falls into the "no confidence" category. That's got to hurt. Lefties will argue that there were similar economic numbers in 2012, and Dems still won, so this is no big deal. However, to make that claim they have to ignore the fact that all of Obama's other numbers have now collapsed as well.
The CNBC survey found the president's economic leadership lacking majority support of every single demographic group, including only 45 percent of Democrats saying they are extremely or quite confident in the president when it comes to the economy. Even those doing best in the economy have muted views of the president.As always, the CNBC breakdown of their polling makes sure to remind you that Republicans in Congress aren't faring any better. This is cold comfort however, since - as we discussed here- Republicans congressional approval ratings a tamped down by the fact that their own party despises the job they're doing. Congressional Democrats are doing better in generic polling largely because members of their own party will almost always hold their noses and toe the line. Since CNBC's numbers fall in line with virtually every other poll we've seen, it's pretty clear that Obama's "expertise" in the economic arena will not be the wild card that saves Dems in November. There's obviously still a chance that they'll hang on to the Senate, but it won't be because voters suddenly discover some newfound love for the country's fiscal outlook. "I’m not on the ballot this fall," Obama said. "These policies are on the ballot, every single one of them." Indeed.
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