March 31, 2009
Posted: March 31st, 2009 11:39 AM ET

From
The survey suggests that President Obama is more popular than his policies on the economy.
The survey suggests that President Obama is more popular than his policies on the economy.

WASHINGTON (CNN) - Two new national polls suggest that Americans are becoming more confident about the economy.

Forty-two percent of people questioned in a new ABC/Washington Post poll say they think the country is on the right track. It's still a minority of respondents, but it's a jump of 23 points since President Obama was inaugurated in January. And 27 percent say they think the nation's economy is getting better - also a minority, but a jump of 21 points since Obama entered the White House.

A new Gallup poll also finds a dramatic rise of consumer optimism over the past month.

"The numbers from both polls still indicate widespread dissatisfaction with economic conditions and concern about the future," says CNN Polling Director Keating Holland. "We're not out of the woods and there is no indication that we will be any time soon. But any sign of improvement in the public's mood is good news."

The ABC/Washington Post poll also indicates that two out of three Americans approve of the way Obama is handling his duties as president. The 66 percent approval rating in the survey is in line with many recent national polls.

That survey also indicates that only one in four blame the President for the severe recession in the country. Eight in ten polled blame the banks and big business, seven in ten blame consumers and an equal amount blame former President George W. Bush.

The survey also suggests that President Obama is more popular than his policies on the economy. While his overall approval rating stands at 66 percent, 60 percent favor the way he's handling the economy. That figure drops to 52 percent when it comes to the way the president is dealing with the federal budget deficit. And Americans are split on the way the federal government is responding to the recession.

"It's possible that the public is having mixed feelings about the speed of Obama's reaction and the scope of his agenda," Holland says. "Americans like to see their presidents take action rather than sitting on their hands. They may not like all the details of Obama's proposals, but the perception that he is addressing those problems is a plus."

The ABC/Washington Post poll was conducted March 26-29, with 1,000 adults questioned by telephone. The survey's sampling error is plus or minus 3 percentage points. The Gallup poll was conducted March 23-29, with 1,000 adults questioned by telephone. The survey's sampling error is plus or minus 2 percentage points.

Filed under: Polls


alvino   March 31st, 2009 12:51 pm ET

Scott in CA-

Do you think that the CA's 40 billion debt may have something to do with it taking a few weeks to start turning around? Your state legislators could not even pass a budget until the last minute.

Be patient Grasshopper.

Scott   March 31st, 2009 12:49 pm ET

Can I borrow some of your rose colored glasses?? Spending Billions and Billions of dollars isn't going to fix the economy. Obama has never run a business, how can anyone think he knows anything about business?

Mari, No one made 20% in the stock market last week, we are still way down since Obama won the election.

Road to tyranny....   March 31st, 2009 12:49 pm ET

And yet home prices fell 19% in January, the biggest single drop on record. Oh yeah, let's party, all is well now.

Hopeful Optimist   March 31st, 2009 12:47 pm ET

I really feel good about Obama and his team. I was a Hillary Clinton supporter, but how glad I am that Obama prevailed (nobody, and I mean NOBODY on the Repub side had or has the brain mass required to clean up the mess that 'Lil W left around his high chair).

Fair is Fair   March 31st, 2009 12:44 pm ET

@ Mari...

Please don't be so short-sighted.

First of all, one of the main reasons that the market is up 20% in the last 3 weeks is because stocks were selling on the cheap. Another is that we're at the end of a fiscal quarter, which is when money managers put the "window dressing" on portfolios.

If you want to gague the economy, you would do yourself justice to look at 2 things – commodity prices (gold, silver, oil, soybeans, etc.) and the strength of the dollar against foreign currencies. This will give you a truer picture of an American's purchasing power, since it is a fact that two-thirds of the economy is personal spending.

A 3 week uptick in the dow is really nothing more than an anomaly.

alvino   March 31st, 2009 12:43 pm ET

Roland-

You need to start talking to people outside of the party of "NO!" If you could just stop listening to Glenn Beck for two days, you will begin to see the change for the positive.

arithmetic is liberal   March 31st, 2009 12:43 pm ET

Some guy March 31st, 2009 12:16 pm ET

THANK YOU, THANK YOU, THANK YOU for injecting some common sense into this, and reintroducing everyone to the concept of entropy.

William, from Cali!   March 31st, 2009 12:42 pm ET

YEAH, AND George Bush was doing O.K. ............until the "WAR" started! Let's see what's really happening... in say a year from now!

WOW   March 31st, 2009 12:41 pm ET

Funny how anything positive is automatically attributed to Obama, yet everything negative (even still) is blamed on Bush.

WaitandSeeIndie   March 31st, 2009 12:40 pm ET

Would these be the 50% of the Americans actually paying taxes, or the 50% living off of us. So far, I see a lot of national debt piling up and more corporations with their hands out. Not exactly a recipe for an improving economy.

Shawn   March 31st, 2009 12:39 pm ET

President Obama is doing a great job!

I know we're on the right track as a nation because the right-wing lunatic fringe in frothing at the mouth and babbling hysterically about Bogeyman Socialism. That's a good sign!

S Callahan   March 31st, 2009 12:37 pm ET

Strange, what I am seeing is the price of housing going down (and it should, it was inflated beyond reality), yet I see an increase in personal goods (food, clothing, etc). Perhaps, people are putting their priorities in order without government intervention.

Pam   March 31st, 2009 12:37 pm ET

People are more optimistic because we have a president that is actually addressing these issues unlike the prior president who only cared about his personal agenda!

The polls are accurate.

You naysayers are in the minority!

BJ   March 31st, 2009 12:37 pm ET

Why does everyone assume that if a person has money that they are Republican? The fact is there are more millionaire Democrats than Republicans...

Bipartisan   March 31st, 2009 12:37 pm ET

Good to see the numbers rising. Pres. Obama has great numbers too. Can't say the same for Pelosi or Reid though. The Dems need to purge themselves of these old hacks. Just like the Repubs need to get rid of theirs.

Pepou   March 31st, 2009 12:36 pm ET

I have faith in President Obama's ability to restore the economy.

Karl   March 31st, 2009 12:35 pm ET

I find it ironic that the very people who want to blame this mess of an economy on Obama two months into his presidency are the same ones who give George Bush a pass for the attacks of Sept. 11, 2001, nine months into his watch, and blame his predecessor. I suggest Republicans follow their own standard and say that whatever happens at least nine months in is all the previous president's fault.

Mississippi Mike   March 31st, 2009 12:33 pm ET

Obama's policies are a temporary patch on a long-term downward trend. Unfortunately, the patch is so expensive, paying it off will be worse than if nothing was done. If you want to build a "new economy" you have to destroy the old one. So far, the Democrats have done a great job of destroying the foundation of capitalism.

Mari   March 31st, 2009 12:32 pm ET

Well........... hey............. why not?? IF you had money in the Market, you would have made ...... 20%...... in the last three weeks. Not bad at all.

Housing is looking up! And people are beginning to stop stuffing their savings in mattresses.

There are signs, early signs of a recovering economy, just have to look.

Fear never helps. I have been saying all along.........

YES WE CAN RECOVER AMERICA.......... AND YES WE WILL!!!

keith A. sillsbury   March 31st, 2009 12:31 pm ET

That survey also indicates that only one in four blame the President for the severe recession

This makes no sense but of course if that quarter are repulicans shifting blame, then I see how it fits. So when we pull out of this recession early will that quarter continue in praise?

ANGIE IN PA   March 31st, 2009 12:31 pm ET

Its because Republicans are out of Power and The Democrats are In charge and They are better at Fixing the Economy

wycliffe   March 31st, 2009 12:28 pm ET

the principle is if you keep trying eventually something will work.

Ask the republicans to stop sitting on their ideologies and start doing something for this country.

together we can overcome, divided we fail. above all lets ask God to help us especially this time of need.

John from California   March 31st, 2009 12:23 pm ET

Sure we Americans are more optimistic about the economy with the election of President Obama and majorities of Democrats in both houses of Congress we finally have some people that care about the middle class.

The republicans despite all their rhetoric, are the party for the RICH.

When Americans put aside all of the small hot button issues and look at their own finances, they see that the Democrats are their only choice. The republicans truly only represent a tiny fraction of our population and utilize deception and lies to win middle class votes.

Better times are ahead of us if we don't get deceived again and start to listen to the deceptions of the wealthy elite.

Scott   March 31st, 2009 12:21 pm ET

Who are they polling? Here in California things are Far from getting better, but yet all our taxes (sales tax, state tax, DMV fees and on and on) are going up tomorrow. Government (We have Nancy Pelosi) overspends on entitlement programs (illegal immigrants, free school lunches, Octomom, etc.). We recently had to lay off some employees and work is not picking up. So I still wonder who and where are these poles from?

playlist   March 31st, 2009 12:21 pm ET

count me in....Good Job Mr. President

Brian Crooks   March 31st, 2009 12:21 pm ET

Well DUH, it's because the President looks like he's on top of things and isn't afraid to go in front of the cameras to explain his policy to the people. A far cry from sending the previously-unknown Treasury Secretary to Congress with a three-page request for $700B with a provision that he not be questioned and that there was to be no oversight.

Ernesto   March 31st, 2009 12:20 pm ET

As a proud and patriotic American CITIZEN, I must believe that we will prevail over this economic gloom. If President Obama can get us through this, he will. Is this plan, so far, perfect? No. There sure are a bunch of questions and the answers should come from very careful deliberations with great minds. Whether those great minds are part of this....We'll find out!

Roland   March 31st, 2009 12:20 pm ET

I want to know which polls that this bone head was reading when they came up with this conclusion. Does he live in the United States of America because almost every American that I talk to or any of the news shows that I watch says just the opposite. Never believe in the polls, it's all bull !

Mia and Mike   March 31st, 2009 12:19 pm ET

"They may not like all the details of Obama's proposals, but the perception that he is addressing those problems is a plus."

This is my take as well. Sure, there have been some things that the President has done or said that I am not totally on board with, but he has instilled a confidence in the American people that wasn't there before. I don't understand how people could want him to fail. His being successful on carrying out his agenda is vital for the sustainability of everyone's quality of life. Because if we continue on the path that we've been on for the last two years, the majority of citizens will either never achieve the American Dream or will no longer be able to maintain it.

Some guy   March 31st, 2009 12:16 pm ET

All of you criticizing the president's "outrageous spending", you do realize that he's spending all of this money on things that have been neglected for too long, right? When was the last time we spent major amounts of money on the infrastructure? Probably back when LBJ was president. Then you're surprised when a bridge collapses. Education? Who's going to get the high-tech jobs of the future if the next generation is a bunch of intelligent design spouting dumbasses? Housing? Please. The free market did such a great job of delivering affordable, quality housing to everyone. Sorry, it's spend it now or spend more later. Get over yourselves. Y'all probably are just upset because a) you can't afford 2 SUVs and a 5,000 sq. ft. house any more. Boo freakin' hoo. or b) you're an uneducated person who is easily scared and told what to say by Rush and his buddies. Go back to learning about intelligent design and waiting for the big invisible man in the sky to bring about the rapture. Have a nice day.

David   March 31st, 2009 12:15 pm ET

Yep, more and more getting hoodwinked.

In Houston, TX   March 31st, 2009 12:14 pm ET

Can you keep your head about you when all others are losing theirs and blaming it on you?
Can we meet with triumph and disaster and treat those two imposters the same?
Can we overcome the adversity that faces us?
Can we turn the economy around?
Can we silence our naysayers with the success of our policies?
Can we turn this decline around?
Can we do this?
Can we make it happen?

YES WE CAN
YES WE CAN
YES WE CAN
YES WE CAN
YES WE CAN
YES WE CAN

Baze   March 31st, 2009 12:12 pm ET

Of course we are, because no matter what the attention starved cynics are saying, Obama's doing work, and investors are glued to the merit of his intentions.

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