Economic Pessimism Poses Threat To Obama’s Reelection Bid

[Donnachaidh]

http://tpmdc.talkingpointsmemo.com/2011/06/mounting-economic-pessimism-poses-threat-to-obamas-reelection-bid.php?ref=fpa

As it stands now, the biggest threat to President Obama's reelection bid isn't a Republican challenger -- it's the economy, stupid.

Obama's overall approval rating -- and by extension his odds of winning reelection next year -- are inextricably tied to the health of the economy, as a number of recent polls have made very clear. While it's still a long way till election day, at the same time that economic pessimism has grown polls are showing Americans losing confidence in Obama's ability to turn things around.

The good news for Obama is that polls have not yet shown any of the Republican presidential candidates consistently topping him in hypothetical matchups, or even putting up much of a fight. So while these polls have reinforced the time-tested notion that the economy's health is crucial to a president's reelection bid, they've also illuminated how weak the current crop of Republican frontrunners are -- including presumed frontrunner Mitt Romney.

Obama got a sizeable boost from the killing of Osama bin Laden in early May , with polls pegging his approval rating as high as a 60% in the aftermath. But that support has evaporated over the past month, with some polls now showing Obama's approval rating breaking even, or even falling back into negative territory. A CNN poll released Wednesday found that 48% of Americans approved of the president's job performance, the same percentage who disapproved. In addition, a widely-cited ABC News/Washington Post poll released Tuesday showed a negative 47% to 49% split; one day later, a PPP poll gave Obama a similarly bleak 46% to 48% split.

More at the link --

[KansDem]

1. Oh, yeah...okay...so let's elect a Repuplican...

...from the very political party that gave us this economy! :eyes:

Yeah...that's the ticket!

Go USA!!!

[HughBeaumont]

3. Let's not forget they're also the party that gave us the Fabulous Fascist Govs!

Currently screwing EVERYONE making less than $300,000 per year in their respective states, in case no one's paying attention.

Yeah, let's have widespread Wisconsin and Ohio! GO MURKA! Keep shooting those feet until you can't walk no more!

[JoePhilly]

2. The media will be talking down the economy from now until the elections.

[ChoppinBroccoli]

4. People Aren't Buying It.............At Least Not Yet

http://news.yahoo.com/s/nm/pl_nm/us_usa_campaign_poll

Obama wipes with the floor with every potential Republican challenger. And this is at a time when the "unknown" challengers (whose flaws are largely unexposed right now, let alone being flogged mercilessly in the media, as they will be a year from now) SHOULD be polling either very close or slightly ahead of the incumbent. Not good news for the Republicans.