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View Full Version : Obama Ouch....not so good.


HonestChieffan
07-16-2011, 01:52 PM
http://www.gallup.com/poll/113980/Gallup-Daily-Obama-Job-Approval.aspx


Ouch....not so good. This weeks political theater seems to have missed the mark.....Hard to score when you drop every ball.

HonestChieffan
07-16-2011, 02:16 PM
And to make matters worse for the O.....http://blogs.reuters.com/james-pethokoukis/2011/07/16/panic-at-the-white-house-gloomy-goldman-sachs-sees-high-unemployment-possible-recession/

His awesomeness and super hopeychangy economic policies will keep the bread lines going


(Reuters) — Last night in a new report, Democrat-friendly Goldman Sachs dropped an economic bomb on President Obama’s chances for reelection (bold is mine):

Following another week of weak economic data, we have cut our estimates for real GDP growth in the second and third quarter of 2011 to 1.5% and 2.5%, respectively, from 2% and 3.25%. Our forecasts for Q4 and 2012 are under review, but even excluding any further changes we now expect the unemployment rate to come down only modestly to 8% at the end of 2012.

The main reason for the downgrade is that the high-frequency information on overall economic activity has continued to fall substantially short of our expectations. . . . Some of this weakness is undoubtedly related to the disruptions to the supply chain — specifically in the auto sector — following the East Japan earthquake. By our estimates, this disruption has subtracted around percentage point from second-quarter GDP growth. We expect this hit to reverse fully in the next couple of months, and this could add point to third-quarter GDP growth. Moreover, some of the hit from higher energy costs is probably also temporary, as crude prices are down on net over the past three months. But the slowdown of recent months goes well beyond what can be explained with these temporary effects. . . . final demand growth has slowed to a pace that is typically only seen in recessions. . . Moreover, if the economy returns to recession — not our forecast, but clearly a possibility given the recent numbers.

RINGLEADER
07-16-2011, 04:14 PM
The polls since this whole debt issue ratcheted up currently have Obama around 46.3% approve, 48.5% disapprove. And dropping.

But bear in mind something -- these are national polls. He's going to win (and is likely up over 50%) in liberal bastions like California, Massachusetts, Illinois, New York/New Jersey, etc. That right there accounts for about 25% of the population. That means, to get to 46% total, the rest of the nation is giving him a mark a lot closer to 40%. If this guy is in the low 40's in places like Florida, Ohio, Virginia, Missouri, etc. as certain polls have recently shown he will have to pray he draws someone like Palin that scares people more than the policies they've seen the past few years.

wazu
07-17-2011, 12:58 AM
The polls since this whole debt issue ratcheted up currently have Obama around 46.3% approve, 48.5% disapprove. And dropping.

But bear in mind something -- these are national polls. He's going to win (and is likely up over 50%) in liberal bastions like California, Massachusetts, Illinois, New York/New Jersey, etc. That right there accounts for about 25% of the population. That means, to get to 46% total, the rest of the nation is giving him a mark a lot closer to 40%. If this guy is in the low 40's in places like Florida, Ohio, Virginia, Missouri, etc. as certain polls have recently shown he will have to pray he draws someone like Palin that scares people more than the policies they've seen the past few years.

He's not going to draw Palin. Seriously, I hope Democrats are holding on to that hope.