Tailspin: Obama’s numbers on economy reach new low in NBC/WSJ poll
posted at 9:12 pm on May 9, 2011 by Allahpundit
He ended up with an overall bounce because of Bin Laden, of course — from 49/45 last month to 52/41 now, with sharp spikes in his ratings on foreign policy, being a strong commander-in-chief, etc. But he was as high as 53/41 overall as recently as January. The reason it’s a modest bounce is because, on pocketbook issues, people have started to give up Hope of any Change:
Only 37 percent approve of the president’s handling of the economy, while 58 percent disapprove.
Also, just 31 percent believe the economy will improve in the next 12 months, compared with 43 percent who think it will stay the same and another 25 percent who say it will get worse.
These economic numbers, GOP pollster McInturff says, underscore the “tremendous anchor the economy is to the president’s job standing.”…
The good: The U.S. economy added 268,000 private-sector jobs in April, the most since 2006. The bad: Average gasoline prices have reached nearly $4 per gallon, and the unemployment rate increased from 8.8 percent to 9.0 percent.
Note that the partisan sample in this poll, if you include leaners, is a ridiculous 44/31 in favor of Democrats, so his true economic numbers are actually several points worse than this. His previous rock-bottom rating was 39/56 last August, but as noted in the piece, gas prices and the unemployment uptick have left the country exasperated — or so I assume. One of the curiosities from the crosstabs is that people’s pessimism about the economy isn’t sharply higher or lower than it’s been in previous months. This month, those who say things will get better/worse/stay the same over the next year is 31/25/43; last month it was 33/21/46 and in February it was 29/29/41. It seems like the public’s bouncing around between cautious optimism that a solid recovery is finally under way and frustration upon discovering that it isn’t. As I said in another post recently, I think that’s dangerous for O insofar as it conditions people to think of good economic news as fool’s gold, something that’ll quickly be undone in next month’s economic report or the one after that. That’s a bad vibe to have when you’re trying to build momentum for a reelection bid.
And yet, dissatisfaction with the GOP is helping him out:

I don’t know what to make of last month’s blip followed by this month. Maybe it’s an artifact of Bin Laden goodwill or maybe the public’s getting fed up with the current thinness of the Republican field. Flag it now and let’s see what happens next month after more candidates have jumped in and campaigning has picked up.
I’ll leave you with the following data point. Remember how, all last week, there were news stories quoting Hillary and Bob Gates to the effect that killing Bin Laden might make the Taliban more willing to reach a peace deal so we can finally get out of Afghanistan? Well, if the White House thought OBL was their ticket out, they’re in for a surprise. Behold:

Related Posts:
Breaking on Hot Air


Sigh: Indiana man faces possible jail time for nursing bald eagle back to health

GOP: Yeah, about that “relatively minor” and completely underhanded carbon-rule change…








Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Bin Laden is dead. Great. Groceries and gas are still out of control so, yeah.
Bishop on May 9, 2011 at 9:16 PM
The dead cat bounced. Not much, but it bounced.
iurockhead on May 9, 2011 at 9:17 PM
..I still say the favorability is due to the Bradley effect. The economy will not recover enough by 2012 and this clown — who has a track record of screwing up everything he has done (including the aftermath of offing the towel head) — will clank up even more.
The War Planner on May 9, 2011 at 9:18 PM
Ironically, Obama is finishing the job bin Laden started: The complete destruction of America.
NickDeringer on May 9, 2011 at 9:19 PM
Oof. So much for the Bin Laden bounce, eh Bammy?
Good Solid B-Plus on May 9, 2011 at 9:21 PM
That’s due to the laughable sample they used. Obviously if you poll 13% more Dems than Republicans, you’re gonna get a favorable outlook for Obama’s reelection. But if you use an accurate sample like Rasmussen’s and apply it to this survey, the dude is toast.
Doughboy on May 9, 2011 at 9:22 PM
::yawn::
A year from now Obama will have a billion dollar marketing campaign gong on that will be highly effecting in brainwashing a whole new herd of ADD uninformed yet devoted rock & roll fan voters. They will somehow find a way to blame $5 gas, 9% unemployment and trillions in deficits of GWB, and the media will sing along with them.
cannonball on May 9, 2011 at 9:22 PM
Is this a Palin thread yet?
alwaysfiredup on May 9, 2011 at 9:22 PM
Perhaps Obama should order the economy to be shot in the head…. wait, too late.
Hog Wild on May 9, 2011 at 9:23 PM
Obowma will insist that he be introduced as…
… for the next 18 months.
Wait for it!
Seven Percent Solution on May 9, 2011 at 9:23 PM
Pretty amazing considering the 24/7 pimping of The Great Economic Recovery!!! from his activist buddies in the media.
Good to know that even nitwit Independents can see through that act now.
Jaibones on May 9, 2011 at 9:23 PM
Does it seem that Obama’s bounce is pretty damn weak. On the RCP average of polls he has less than a 5% bounce. Seriously, he got more of a bounce from the Tucson campaign rally/memorial service than he has gotten from the killing of bin Laden. I think Barry might be in serious trouble.
OT, but what the hell is up with the white house inviting a poet who glorifies cop-killers and is against interracial marriage? The guy is supposedly a Rev WrIght disciple. Is Obama trying to throw away any good will that he earned from the OBL killing?
JohnInCA on May 9, 2011 at 9:24 PM
The fact that Obama was as cornered as Osama in giving the go-ahead to off OBL doesn’t put gas in the car or heat the house next winter. Zero is a failure, and we all have no choice but to go to the mattresses until 11/12. The dawn that breaks with a new President in Jan. 2013 will be glorious indeed.
teacherman on May 9, 2011 at 9:24 PM
Sounds like it’s just time for the NYTs Thomas Friedman to fire up and tell us how China would handle the situation.
RJL on May 9, 2011 at 9:25 PM
Obama – FCI Terre Haute 2012
Yes we can!
MayorDaley on May 9, 2011 at 9:26 PM
i hope that some bright bulb (please, let me dream) knows how to finesse the the outrageous audacity of O and make a normal, non-celebrity President out of someone in the R list…an honest man concerned with the future of our country.
btw, now that Bristol has a new show…what about it??? Does this mean that Palin has told them she ain’t running?
r keller on May 9, 2011 at 9:26 PM
Anything about Ryan plan or Medicare reform in this poll?
Mark1971 on May 9, 2011 at 9:27 PM
PBHO doesn’t have a clue, his lackeys like Jarrett take care of these things; Obama is just along for the ride.
Bishop on May 9, 2011 at 9:27 PM
Let’s compromise with the democrats!
SouthernGent on May 9, 2011 at 9:28 PM
These are the people you want in a no-limit poker game.
Tim_CA on May 9, 2011 at 9:32 PM
In related news: PIMCO Raises Bet Against US Debt
Lawdawg86 on May 9, 2011 at 9:34 PM
No kidding. I always have to really wonder if the American people are as imbecilic as these polls make them seem.
J.E. Dyer on May 9, 2011 at 9:39 PM
Not really, they’re playing with our money not theirs.
darwin-t on May 9, 2011 at 9:39 PM
It’s all about the narrative baby. And don’t think for a moment that Obama and his “posse” aren’t planning to ride this narrative all the way to a second term. Look at where the polling was before OBL was taken out—Obama’s domestic policies are a disaster, his foreign policies, a disaster with the middle east in more turmoil that at any other time. The facts are, this nation is still economically heading towards a fiscal breakdown with fuel and food prices soaring and millions still unemployed. Three quarters of the states are drowning in debt. Obama needed to change the national narrative that even his fawning liberal media had begun to use against him—a failing Presidency—and he was beginning to even lose some of his most trusted liberal base.
And the liberal media will play this narrative right up to election day, of this great change only Obama could have brought about. But, the death of Osama will not lower the price of gas consumers are fuming about, or the rising food prices, or find some one in this nation a job. It’s still the economy, stupid. And no media narrative will change that.
Rovin on May 9, 2011 at 9:41 PM
Obama Bin Lying
Alden Pyle on May 9, 2011 at 9:42 PM
Release UBL’s pic so we can put a sticky on it.
Kini on May 9, 2011 at 9:45 PM
Man yelling Allah Akbar rushes cockpit – motive unclear. Authorities puzzled as to motivation or religion.
http://www.foxnews.com/us/2011/05/09/suspect-flight-disturbance-calif-id/#ixzz1Ltrf7Id8
HalJordan on May 9, 2011 at 9:45 PM
Given the lackluster response to the Ryan plan from the bulk of the Senate GOP and the unwillingness of any of the prominent 2012 nominees to actively support it (beyond “in principal”, or as a “good first-step” of course), frankly I’m dreading those numbers.
Lawdawg86 on May 9, 2011 at 9:46 PM
It’s not just the economy….
http://www.washingtonpost.com/blogs/plum-line/post/obama-presses-case-for-immigration-reform/2011/03/03/AFyc3paG_blog.html
tencole on May 9, 2011 at 9:47 PM
That’s a buy!
Kini on May 9, 2011 at 9:49 PM
btw, i know that the O.press are doing their level best at covering for the Won, but looks like everyone knows the truth.
One of the most brutal of the graphs at Calculated Risk is this one:
http://cr4re.com/charts/charts.html#category=Employment&chart=RecessionMeasureEmploymentJan2011.jpg
But I’m sure that Bryan Williams et al. are pretty sure that the food stamps and unemployment benes are keeping the peasants happy. And the peasants have barrycare coming real soon, so that workers paradise is just down the road
r keller on May 9, 2011 at 9:52 PM
You mean
ObamaOsama ain’t gonna fill Peggy Joseph’s gas tank or get her a kitchen?ted c on May 9, 2011 at 9:52 PM
I’m getting sick of spending 120 to fill up my abductor van
blatantblue on May 9, 2011 at 9:55 PM
Things must be really bad for Bambi if he’s doing the mill stone impersonator in an NBC poll, of all things…
Time to roll out $harpton and Jazzy Jack$on, maybe Tawana Brawley and Revrum’ Wrong, too, for some diversionary tactics?
viking01 on May 9, 2011 at 9:55 PM
No kidding. I always have to really wonder if the American people are as imbecilic as these polls make them seem.
J.E. Dyer on May 9, 2011 at 9:39 PM
From anecdotal evidence from my own environment, I say yes. I am an engineer working in offshore oil & gas, and the dude is on a mission to wipe out our jobs. And we have several young imbeciles that would vote for the clown again.
It is very depressing…sigh
lukespapa on May 9, 2011 at 9:57 PM
Another couple months and they will ONLY be polling Democrats.
As for the economy, why just this weekend it was heralded that gas will drop $.50 gallon by summer.
Hahahahahahahahahaha! Yeah. Right. The MSM has been spinning “the economy is improving” for months on end. Housing prices continue to FALL. Unemployment continues to go UP. Gas prices and food prices continue to RISE.
Yep, the ‘economy is improving’ – and you can trust NBC, CBS, MSNBC, ABC………………to lie through their teeth!
GarandFan on May 9, 2011 at 9:58 PM
wow if you take in the fact that the sample is serious skewed in favor of the dems the fact that only 45% would vote to re-elect Obama has to be sending the WH into fits of panic. The real numbers is most likely around 40%. I do like how the “depends on who the candidate is” number has increased as the pundits have told us Palin isn’t running. Seems like a direct correlation there. As the chances of Palin not running increase the amount of people unwilling to vote for the GOP has increased as well. It could also show that as Trump become the poster child of the GOP more people were unwilling to vote for the GOP. but the trend started back in Feb/early APr long before Trump came on the stage. the only data point I can see occurring during that time is the “she isn’t running meme” All the other possible candidates were there before and after.
Of course it could have nothing to do with the candidates themselves and reflect the cave of the GOp house on the CR and the cave of the GOp house in general. either way as the GOp leadership abandons Tea party leaders and issues it appears that they are losing any chance in hell of winning 2012.
unseen on May 9, 2011 at 9:58 PM
UNEMPLOYMENT IS REALLY 20%
reliapundit on May 9, 2011 at 10:02 PM
Yep. Speaking of food stamps, out here in California the Democrats in the state legislature a couple days ago trotted out some economist who explained that increasing food stamps is the best economic stimulus. She said that food stamps have a multiplier effect of 1.75.
They are starting a pilot program to send out state workers to actively track down senior citizens and personally sign them up for food stamps. As if the state is just flush with money and needs to go looking for people to give it to. Unbelievably stupid-ass state.
JohnInCA on May 9, 2011 at 10:05 PM
OMg no wonder Obama’s numbers are in the crapper. If only we had a MSM that would report the news instead of being a fluffer for their guy.
unseen on May 9, 2011 at 10:10 PM
Apparently, this whoop-di-doo statistic has been recalibrated to reflect a more realistic figure. Many of these jobs are McJobs added because McDonald’s, like other businesses, were able to hire because of the Obamacare waiver. They also do not reflect the reality of unemployment/underemployment because new graduates are entering the work force and the formerly unemployed are trying to re-enter the work force. These people were not counted (obviously) in tallying what the real lack of jobs is.
onlineanalyst on May 9, 2011 at 10:12 PM
I can’t think of a better way for Obama to squander his political capital from the OBL killing than by a renewed push for amnesty. It will cost him with Hillary-voters and independents, the very persons who are propping up his poll numbers in the wake of bin Laden. He must know that this is doomed to fail in the House, is he really that worried about low Hispanic turnout in 2012? And if that’s the case, if he doesn’t articulate a concrete plan that he supports (as he is wont to do), and immigration reform goes down in flames again, couldn’t this cynical pander backfire with Hispanic voters?
Lawdawg86 on May 9, 2011 at 10:12 PM
Well, there is ONE unannounced candidate who has expressed support for it…
The importance of Palin’s praise for Paul Ryan’s Plan
ornery_independent on May 9, 2011 at 10:14 PM
So, the sticky note campaign is working?
Fallon on May 9, 2011 at 10:36 PM
I dunno, Palin’s inaction in organizing her massive base of grassroots support makes me think she isn’t running in 2012. Since she left office she could have been building a formidable national campaign infrastructure and organizing her numerous, highly-enthusiastic supporters. Sure, she can still hop in and clean house in the primaries without the organization of her rivals. But she’s always known she can win the primary.
My question is this: If she’s running, why isn’t she already organizing with an eye towards beating Obama?
Lawdawg86 on May 9, 2011 at 10:48 PM
I’m working it. Today I left notes at the hardware store, the dump, the gas station, and the grocery store. I know I’m bugging someone.
Mirimichi on May 9, 2011 at 10:55 PM
So, the sticky note campaign is working?
Fallon on May 9, 2011 at 10:36 PM
Stick it to Obama.
(The economy that is)
Colbyjack on May 9, 2011 at 11:02 PM
44-31? LOL.
PEW, which definitely leans Left, also had a “poll” out today, and even that showed the bounce went down by over 60% since last week.
On the other hand, Chimpy Bush got a 30 point bounce in one week after 9/11. And he didn’t even have to kill anybody to do it, unless you believe Rosie O’Nuthead.
Del Dolemonte on May 9, 2011 at 11:10 PM
Rememebr, a full quarter of those private sector jobs were produced by ONE employer: McDonalds. Now a job is a job and no one held a gun to these new employee’s head, but I do seem to remember that during the last recovery all we heard about was “McJobs” and “jobless recoveries” and “in the future we will all be flipping burgers for a living.” So what happened this time?
Fred 2 on May 10, 2011 at 1:46 AM
After you have trashed the economy, put us on the road to fiscal disaster and failed to improve the unemployment rate, assassinating a single despot will not pull your irons out of the fire. Obama has exhausted his theatrics and is incapable of solving the country’s real problems.
rplat on May 10, 2011 at 4:43 AM
I don’t know you but, shifting the subject on a thread is a TROLL ALERT.
Now I know thanks :o
This has been a public service announcement, please continue commenting on thread…..thank you.
IowaWoman on May 10, 2011 at 4:56 AM
Solving? Was shutting down 90% of the coal, petroleum, and natural gas industries supposed to “solve” anything?
Does vilifying four billion in subsidies provided to small oil companies so they can remain competitive with “the big guys” “solve” anything while the media fails to point out flushing down the toilet $25 billion in government subsidies provided to ethanol, windmill and solar technology, (programs that will produce almost nothing for the next hundred years)
Did Obama and the Democrat’s dream legislation to provide national health care with sweetheart deals (bribes, payoffs, and money laundering) to pharmas, insurance companies, and lawyers “solve” anything with a thousand perpetual waivers? Any guess where these companies will send their campaign checks next year?
Did Obama and Pelosi’s $900 billion dollar stimulus/porkulus provided to every public sector/union entity, (more bribes, payoffs, and money laundering), “solve” anything other than a larger taxpayer debt? Did the private sector, (small businesses), receive their fair share? Any idea how much of this $900 billion will, or has already funneled into Democratic campaign coffers?
Did Obama’s “credit-card flaw” during his 2008 campaign end up transferring millions into his account, (more bribes, payoffs, and money laundering), “solve” Obama’s promise of transparency, or an honest and open campaign?
I would submit that the only thing Obama has “solved” is the question of whether a complicit media will continue painting this Marxist/Socialist egotistical community organizer as second coming of Christ. I would also submit that Obama never intended to “solve” any of the nation’s ills. Instead, he has only capitalized on every disaster, (be it economic or natural), by leading this nation further and further from a free market system and into permanent government bondage—every liberal democrat’s dream come true.
Every piece of legislation Obama has signed, every Czar he’s appointed, every executive order he’s submitted has been by “capable” design to promote his own personal agenda to extract billions from the middle class, (under the guise of soaking the rich), only to enrich the liberal democrat ideology of a pure socialist system where we are all 100% dependent on a government run by liberals, under the direction of liberals, and with the sole intention to bring about the total destruction of the free market principles that made this the greatest nation on the planet.
Only when Obama is defeated in 2012 will this country begin to reverse the destructive policies that have driven this nation into economic Armageddon. And only then will the problem begin to be “solved”.
Rovin on May 10, 2011 at 7:19 AM
hear hear!
cmsinaz on May 10, 2011 at 7:27 AM
“Well, you’ll just have to stop all that abducting you’re doing then”
/DuhWon
VelvetElvis on May 10, 2011 at 7:54 AM
44/31 and the split on reelecting the president is… 45/30. It’s almost like Democrats will vote to reelect the Democrat and Republicans won’t.
strictnein on May 10, 2011 at 10:17 AM
What rock are these pollsters turning over to find people who claim to support Obama or give him even a marginally passing grade on ANY front?
JeffH on May 10, 2011 at 10:35 AM
I dunno. No amount of campaign commercials can countereffect $5 gas.
humdinger on May 10, 2011 at 12:00 PM