The American people are even less enchanted with President Obama than they were last month, as his approval rating on economic issues is a mere 35 percent according to a new Gallup study released Thursday.
Not only does that reflect a 7 point drop in his economic approval rating since Gallup’s last study in early June, but it’s also the lowest his approval rating has been in nearly two years. Moreover, only 26 percent of Americans approve of how he’s handling the federal budget deficit – a 5 percent drop since June.
Gallup’s study comes just a week after a Fox News poll found that only 42 percent of Americans approve of the president’s job performance overall – the lowest it’s been all year. The Gallup study reported Obama’s overall approval rating to be 44 percent, a 3 percent drop from June.
The fact that Obama’s approval rating has dropped dramatically over the past six weeks is striking considering that’s the issue the president has prioritized in recent weeks. Obama has spent much of his summer crisscrossing the country delivering a number of stump speeches promoting his economic policy agenda in the hopes of winning over the American people with his vision.
Obviously that’s not working – and even Fox News pointed that out when it reported that six in ten Americans would rather see the president engaged in debate with top Congressional leaders to enact new economic policies instead of travel the nation on his stump speech tour.
Gallup interviewed 2,059 adults nationwide via telephone from August 7-11, 2013. The margin of error for the study is +/- 3 percentage points at a 95 percent confidence level.