Another bleak economy poll finds Americans unhappy and since Obama's Democrats run the show...
Despite Joe Biden's best summer recovery sales efforts and $787 billion of stimulus spending, nearly three-out-of-four Americans aren't buying it, among many other things that they're not purchasing in these mid-summer days of discontent.
The country, according to a new Bloomberg National Poll out this afternoon, now believes the U.S. is still stuck in a recession.
Most Americans are worried most about unemployment and the Obama administration's exploding spending deficits, which have now crept up near terrorism on the list of collective worries.
But, true to form, those same Americans are really good with taxing somebody else to fix the problems.
You'll never guess which income sector they nominate to pay the freight.
"They’re just running out of patience,” says J. Ann Selzer of Selzer & Co., an Iowa firm that performed the survey for Bloomberg. “The number they’re seeing change is the deficit. It’s rising at what seems like an astronomical rate. The number that seems intractable is the unemployment rate.”
This is all potentially bad news for any political party that controls the White House and the Senate and the House of Representatives less than four months before a midterm election. After 19 months in office running the entire town, the problems' ownership is falling to the ruling majority.
In this case, it's Obama's Democrats, who followed him down the road of stimulus spending that produced a larger 9.5% unemployment rate and healthcare legislation that appears to cost way more than initially argued and now a hotly-debated measure to throw $34 billion more into unemployment insurance extensions.
Obama has predicted the federal budget deficit will exceed $1,500,000,000,000, more 0's than ever before in American history. As a percentage of GDP -- 10.6% -- that deficit is behind only Britain's and Ireland's among major industrialized nations.
Sixty-three percent of Bloomberg's respondents say they believe the country is on the wrong track today. Seventy-one percent, defying figures, say the recession continues. More than half say they are now spending less money, unlike the federal government.
And only one in six feels better off today than when Obama moved into the White House with his family and mother-in-law.
New poll to Obama: It's the economy, stupid!
-- Andrew Malcolm
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Photo: Associated Press