
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/21/art.bloomberg.jpg caption="Michael Bloomberg's approval ratings have dropped since trying to change the city's mayoral term limits."]
(CNN) - New York City Mayor Michael Bloomberg's approval rating appears to have taken a significant hit since he successfully sought to change the city's mayoral term limits.
According to a new survey from Marist College, Bloomberg's approval rating is down 9 points from a similar survey taken one month ago. The mayor still enjoys a 59 percent approval rating, though Marist reports this is the first time since 2005 it has been in the 50 percent range.
"The voters don't like being defied, and Bloomberg is paying a penalty for persuading the City Council to overturn term limits that were passed twice by New York City voters," CNN Senior Political Analyst Bill Schneider said.
"He has one advantage, Schneider also said. "No Democrat at this point seems strong enough to over take Bloomberg. He also has another advantage. Lots of money."
Fist elected in 2001, Bloomberg cited the financial crisis for the reason he was seeking a third term.
"I don't think the city needs another campaign. It's going to be tough enough to get us through this," Bloomberg told reporters last month referring to the meltdown on Wall Street.
The poll was conducted from November 17-19, and carries a margin of error of plus or minus 4 percentage points.


Tom, you are an excellent proofreader and a comedian too. CNN should employ you.
Bloomberg under estimated the public. What an arrogance. In his world and a lot of others' money buys everything. Not me. I will never vote for him again.
His city is bankrupt and going down the toilet and he still has a possitive approval rating ????
I voted – twice – for the term limits in New York. Don't understand how the City Council can negate two ballot initiatives.
Bloomberg's ego has grown with the number of years as NYC's Mayor. Does he think he's the only person who can "save" New York City? He's starting to sound like Giuliani in December of 2001.
Bloomberg and the clowns in the City Council that voted to extend the term limit will be defeated in the next election in shame. Just because he has money that mean He's the only one qualified to run, what if Guliani done the same thing, Bloomberg will never has the chance to be the Mayor of NY. I am waiting for next November, I will vote them out.
Why should anyone approve of someone trying to overturn term limits. Enough of career politicians. Vladimir Putin Junior.
Bloomberg still needs to be voted for the third term. It means he is confident he will win and this means New Yorkers trust him and approve him as a mayor. There are always naysayers and blah and blah. When the economy is in such disarray doesn't it make sense for a business oriented person to run the city! Just look at the early 90s and see how horrible the city was when Mayor Dinkins (not business oriented at all) ran the show. One great thing about Bloomberg is that he gets to the root of a problem and will try to cure it (even if he doesn't have the cure) by cutting all the red tapes. Most politicians will have to play politics before they can anything done. New York City is in a tough crossroad and needs a decisive leader that does not need to worry about his future career!
Power Corrupts. Absolute Power Corrupts Absolutely
Using City Council to overturn the vote of the public he serves seemed like such a win-win situation.
Approval rating sinking? No!
Of course, it is going to do down. Even a one-minded me, me, me billionaire mayor of New York must understand that. No?
Bloomberg is doing a good job?? HAHAHAHAHA! If you mean he's doing a good job at wasting taxpayer's money on frivilous lawsuits, increasing crime, increasing homeless rates and ignoring the voters, then yes he is doing a good job at those things.
Blah blah blah, reelect him or get over it NY'ers!
Liberalshateamerica:
In your last post you complained about more welfare under the Clinton years. You have the wrong, the welfare rolls under the Clinton administration were reduced to 20 year low.
They have exploded under both Bush administrations. If you want to complain about something, at least be truthful instead of making up falsehoods just so you can complain according to the Republican Doctrine.
Power corrupts.
Looks like Boss Tweed is back.
Why not everything else has gone down in New York
The third term ability is irrelevent. Mayor Bloomberg will still have to campaign like everyone else. Let the voters decide then.
I am sure that if "W" had a republican congress, he would like to have tried changing the term limits to continue fighting the war in Iraq.
It seems this guy thinks he is bigger than the office!
Bloomberg get the Bleep OUT! He is becoming to powerful! We do not need another power hungry greed monger in office.
Of course it took a hit. he lied to NYC. He told them he will reduce taxes, then after the election he told them.."Uh..ain't goin to happen." More change we can believe in I guess.
GOOD. He's a schmuck!
Bloomberg is a smart guy and appears to have been effective but in a city of 8 million people, I'm sure there are other smart guys ( or gals) that could do a really good job of leading NYC.
It is the height of egotistical behavior for Bloomberg to think that only he is capable of leading New York City and it sends the entirely wrong message to give him 3 terms....
Heck the nation is more important than the country ... Clinton was a pretty good president .... should we have given him three terms?
Barack is a genius compared to Bush or McCain ... should we give him 3 terms?
Have some principles people ... please!
People don't like someone changing the rules just to suit their political ambitions. There is a reason for term limits and I believe all elected offices should have a term limit. These freeloading politicians who make a career out of bilking the people and giving themselves raise and raise while the people struggle, should be sent packing after 2 terms.
Thank G*d I live in a section of NYS where Bloomberg is not my problem.
I don't like what he did but I can't vote a democratic mayor since I own businesses in the city.
All hail the new king of New York!!!! Who says money can't buy everything?