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GALLUP POLL: Obama’s rating on economy hits NEW LOW – msnbc.com

August 17, 2011

Obama’s approval rating on economy hits new low, according to Gallup poll

26 percent gave him thumbs up, a 11 percent drop from mid-May

updated 8/17/2011 7:52:59 PM ET

WASHINGTON — Approval of President Barack Obama’s handling of the U.S. economy has fallen to a new low of 26 percent, according to a Gallup poll released on Wednesday in the aftermath of a bruising fight with Congress over federal spending.

Seventy-one percent of Americans said they disapproved of Obama’s handling of the economy, up 11 percentage points from mid-May, when Gallup last questioned people about the issue.

Approval of his handling of the economy fell by 11 percentage points from 37 percent in mid-May.

The president had similarly low approval ratings on other economic issues. Only 24 percent of Americans approved of Obama’s handling of the federal budget deficit, while 29 percent approved of his efforts to create jobs.

The poll came two weeks after Congress and the president agreed on a deal to cut U.S. federal spending following a bitter political struggle that took the government to the brink of a potential default.

via Gallup poll: Obama’s rating on economy hits new low – politics – White House – msnbc.com.

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