WASHINGTON (CNN) – As President-elect Obama visits the White House, a new national poll illustrates the daunting challenges he faces next year.
Only 16 percent of those questioned in a new CNN/Opinion Research Corporation survey released Monday say things are going well in the country today. That's an all-time low. Eighty-three percent say things are going badly, which is an all-time high.
Watch: The public's mood is grim
"The challenge Obama faces has never been greater. No president has ever come to office during a time when the public's mood has been this low. In the 34 years that this question has been asked, the number who say things are going well has never fallen below 20 percent," said CNN Polling Director Keating Holland.
The 83 percent saying things are going badly is "more than in 1992, when the first President Bush was ousted because of the economy, stupid. That's more than in 1980, when President Carter got fired after the malaise crisis. That's more than in 1975, after Watergate and the Nixon pardon," says CNN Senior Political Analyst Bill Schneider.
So far, Obama seems to be meeting the public's high expectations. Two-thirds of all Americans have a positive view of what Barack Obama has done since he was elected president and three-quarters think that Obama will do a good job as president.
"Obama has the support of virtually every African-American in the poll, but he also gets high marks from a solid majority of whites," says Holland.
But that optimism doesn't hide what appears to be concern that most people don't have a clear idea of what Obama would do to improve the economy. Six in ten say that they don't clearly know what Obama would do to improve the economic situation.
The all-time low on the public's mood may have something to do with another finding in the poll, that the current occupant of 1600 Pennsylvania Avenue is the most unpopular president in the six decades since presidential approval ratings were first measured.
Seventy-six percent of those questioned in the survey released Monday disapprove of how George W. Bush is handling his job as president. That's an all-time high in CNN polling, or in Gallup polling dating back to World War II.
"No other president's disapproval rating has gone higher than 70 percent. Bush has managed to do that three times so far this year," said Holland. "That means that Bush is now more unpopular than Richard Nixon was when he resigned from office during Watergate with a 66 percent disapproval rating."
Prior to President Bush, the record holder for presidential disapproval was Harry Truman, with a 67 percent disapproval rating in January of 1952, his last full year in office.
As Obama visits the White House, 57 percent of those questioned think the transfer of presidential power will be relatively easy and free from tension, with 39 percent saying the transition will be difficult.
"A majority say that the transition from Bush to Obama will go smoothly, although nearly one in four predict a lot of tension between Bush aides and Obama aides in the next few weeks. That sentiment is highest among Democrats, but even among them, a majority believes that the transition will be relatively easy," Holland said.
The CNN/Opinion Research Corporation Poll was conducted Thursday through Sunday with 1,246 adult Americans questioned by telephone. The survey's sampling error is plus or minus 3 percentage points.