Posts Tagged ‘America headed into depression’

More Americans Than Ever Think America Heading Into A Depression (Thanks Obama!)

July 6, 2011

We keep hearing the mainstream media repeat the Obama narrative that Obama saved America.  Really?

He’s made everything WORSE, not better.  And most Americans KNOW it.

Poll: Record-high number think country headed into depression

A record-high of nearly half the country fears the economy is careening  toward a depression, helping push President Barack Obama’s approval rating down by six points  in just the last two weeks, according to a new poll.

The president’s approval rating stands at 48 percent in the CNN/Opinion Research Corporation poll released Tuesday, down from 54 percent in late May in the same poll. His disapproval rate rose three points to 48 percent.

Obama’s approval among Democrats has dropped three percent to  82 percent and is dipped five percent among independents to 42 percent.

Obama’s dropping numbers come as Americans’ fears that the country is headed  into another Great Depression are higher than they’ve ever been in the CNN poll.  In all, 48 percent of those surveyed said another great depression is likely in  the next 12 months, while 41 percent said the same in 2009 and 38 percent said  so in 2008. A slight majority – 51 percent – said they don’t think the economy  will plunge into a deep depression.

But while Americans are voicing concern that the economy is getting worse and  plunging toward a depression, Obama said Tuesday that he’s “not concerned about a  double-dip recession.” Job growth in May totaled 54,000 jobs, far fewer than the  economy has create for several consecutive months, but Obama said it’s not yet  clear if last month was “a one-month episode or a longer trend.”

If it turns out to be a longer trend, it could be detrimental to Obama’s hopes of reelection.

Fifty-one percent of those surveyed said that the economy is extremely important in determining their votes  for president, while 41 percent said it is very important. Unemployment is  second on the list of issues that respondents said are key to their voting  decisions, with 45 percent saying it’s extremely important. Other issues  including the deficit, terrorism and illegal immigration are extremely important  to smaller proportions of those surveyed.

The poll was conducted June 3-7 and surveyed 1,015 adults. The error margin  is plus or minus three percentage points.

Combine the fact that more Americans than EVER BEFORE believe America is heading into a GREAT DEPRESSION with this Gallup finding and explain to me why this fool has any chance whatsoever of getting re-elected beyond the fact that we may have become the nation of sheep and fools that our ancestors feared:

Gallup: In No Month of Obama Presidency Has Majority Believed Economy Improving
Tuesday, July 05, 2011
By Terence P. Jeffrey

( Obama has now been president for more than 29 months, yet in none of those months has a majority of Americans believed the nation’s economy is getting better rather than worse, according to the Gallup poll.

In fact, in no month of Obama’s presidency has belief that the economy is getting better exceeded 41 percent among American adults, a peak it reached in April 2010 and again in January 2011.

In the most recent three day-period reported by Gallup—July 1-July 3—only 31 percent of Americans said they believed the economy was getting better. Meanwhile, 63 percent said they believed it was getting worse.

Each day, Gallup asks approximately 500 American adults a simple question: Do they think that economic conditions in the country as a whole are getting better or getting worse? Gallup then regularly publishes the most recent three-day average percentage for each answer, while periodically publishing the monthly averages.

While 41 percent is the highest percentage of Americans who told Gallup they believed the economy was getting better during any month of the Obama presidency, there have been some three-day periods in which a somewhat higher percentage told Gallup they believed the economy was getting better.

However, since the three-day period ending on Oct. 15, 2009, according to day-by-day data released by Gallup, the percentage of Americans who said in any three-day period that they believed the economy was getting better peaked at 46 percent on Dec. 30, 2009-Jan. 3, 2010.

The last time as many as 40 percent of Americans said they believed the economy was getting better was in the three-day period that ended on Feb. 16, 2011.

In June, belief that the economy was getting better never rose higher than 34 percent in any three-day period.

That’s right.  There has never been so much as a SINGLE month that the American people have EVER believed Obama was making the economy better.

This is truly the days of the Failure-in-Chief.

Obama is the most cynical demagogue since Hitler.  If he manages to get re-elected, it will be for one reason and one reason only: the American people have become depraved and perverted, and depraved and perverted people believe lies and cannot understand the truth.