September 4th, 2010
06:00 AM ET
12 years ago

Poll: New low for Obama on economy

[cnn-photo-caption image= caption="A new CNN poll reveals that only 40 percent of Americans approve of how President Obama is handing the economy."]Washington (CNN) - Just four in ten Americans say they approve of the job President Barack Obama's doing on the economy, according to a new CNN/Opinion Research Corporation national survey. The 40 percent who give Obama a thumbs up is a new low for the president in CNN polling.

The survey indicates that 59 percent of the public disapproves of how the president's handling the economy.

Full results [pdf]

According to the survey, 93 percent of Republicans say they disapprove of how the president's dealing with the economy, with 72 percent of Democrats saying they approve of the job Obama's doing on the issue. Two-thirds of independents questioned say they disapprove, with 32 percent giving the president a positive grade.

"There is also a big gender gap on that question," says CNN Polling Director Keating Holland. "Some 45 percent of women and only 34 of men approving of Obama's track record on the economy."

The CNN/Opinion Research Corporation poll was conducted September 1-2, with 1,024 adult Americans questioned by telephone. The survey's overall sampling error is plus or minus three percentage points.

–CNN Deputy Political Director Paul Steinhauser contributed to this report

Follow Paul Steinhauser on Twitter: @PsteinhauserCNN

Filed under: CNN Polls • issues • Polls • President Obama
soundoff (38 Responses)
  1. terry,va

    40 % overall approve of Obummie's handling of the economy. UNBELIEVABLE!!! Here is the reason....72% of all dumbocraps approve of Obummie's handling of the economy. I bet you that 70% of that 72% are the 99 weekers on unemployment or are on welfare. Anyone that is paying taxes are disgusted by his job killing socialist policies.

    September 4, 2010 06:22 am at 6:22 am |
  2. Pragmatic

    In this age of "instant gratification" (started with those Polaroid Instant Cameras) – people are disappointed the recession (which could have slid into a depression) isn't "all better" now.

    Yes, the President is struggling. Yes, it may take longer to clean up the republican mess. But I seldom hear anyone posting that McCain/Palin would be doing anything different of anything better. Phil Grahman, the architect of part of this economic fiasco was McCain's choice for economic adviser ....

    What is the republican vision to pull us out of this slump? John Boehner was asked what the Republican agenda would be if they won election The man smugly replied, “TBD" = “To be determined!”

    September 4, 2010 06:27 am at 6:27 am |
  3. terry,va

    Wonder how the dumbocraps are going to spin this? 40% of Americans are smart and understand what is going on. Or 60% of Americans are stupid or racist and are after Obummie. You pick...gee option 1 says that Obummie fooled at least part of the ignorant Americans and got elected. Option 2 says there are more racist now than when he was elected.


    Best bet.............Obummie's policies suck!!!!!

    September 4, 2010 06:37 am at 6:37 am |
  4. pray

    Oh my, worse poll numbers then George W Bush, hmmmm. Guess people are waking up to the bumbling left wing lunatic populating the white house! One and Gone!

    September 4, 2010 06:43 am at 6:43 am |
  5. adam

    Why don' t they ask if people approve of what the Republicans are doing on the economy? Congress controls the purse strings. The Fed controls the money supply. What do people think the President is going to do with the Republicans obstructing and pointing fingers even though they helped cause the mess? The GOP'ers would destroy our country to hopefully score some political points.

    September 4, 2010 06:45 am at 6:45 am |
  6. Marie MD

    I am sick and tired of these people who continue to put down the President about the economy.
    First of all, the rethugs were the ones who didn't want to extend unemployment benefits and help for first responders on 9/11.
    The previous administration, yes, we still need to blame the shrub, was the one who tanked our economy. It took EIGHT LONG YEARS for them to screw the country.
    You cannot turn around things in two years. We need to understand that the economy is like gaining weight. You didn't put it on in one weekend. It probably took years and now you have to spend months/years taking it off.

    September 4, 2010 07:00 am at 7:00 am |
  7. Tony in Maine

    59% of Americans get 99.99% of their information from bobblehead dolls on the evening news who don't know squat about anything substantive. The stenographic corps, formerly known as journalists, think that a skeptical question equals a tough question. Then they repeat the latest talking point from Mitch McConnell if they have video to go along with it, otherwise it's on to important stuff, like Lindsey Lohan or who's replacing Simon Cowell.

    Ted Baxter says the economy sucks, so the economy sucks. Now on to something I can understand. Who's going to be kicked off "Dancing With the Stars?"

    September 4, 2010 07:05 am at 7:05 am |
  8. southern cousin

    I read that he is so tired from stealing our money and his vacations he has to take another vacation. Then again it could be he went to Camp David to rest up for the bowing and foot kissing he has to do Monday for his labor bosses. He stole $1 trillion dollars for them through the stimulus, but he still has to pay homage to them rather than the rest of us who actually work and pay taxes and don't destroy companies.

    September 4, 2010 07:42 am at 7:42 am |
  9. Tracy

    How can 72 percent of democrats approve of the job this president is doing? Are they blind?

    September 4, 2010 07:47 am at 7:47 am |
  10. rgray222

    No surprize here, spending like a madman, making promises he had no intention of keeping suchas earmarks. No one on his staff has real world experience. Comprimising greatly on health care and did I mention spending!

    September 4, 2010 08:00 am at 8:00 am |
  11. jim

    I believe the summer recovery is off the schedule now that the economic conditions are coming to the people's attention.The only thing holding up the stock market is the positive spin that the folks at CNBC that put on every economic story that comes out. i suppose there are enough folks that work at that nework that have a vested interest in promoting Obama's agenda.

    September 4, 2010 08:04 am at 8:04 am |
  12. Clwyd

    The party of No will always say No to anything that Obama does. I did the same thing with the "worst president ever", bush!

    September 4, 2010 08:13 am at 8:13 am |
  13. Brenda Harris

    There is nothing that Pres.Obama can do that would stop the T.E.A. party from making him the worst president this America has had.TEA stands for Terrible Evil Americans.God have Mercy on America.

    September 4, 2010 08:14 am at 8:14 am |
  14. Right Leaning Independent

    They found 4 people out of 10 that approve??? That is shocking.....

    September 4, 2010 08:18 am at 8:18 am |
  15. kelly

    If these are the numbers coming from a CNN liberal slanted poll. I imagine it would be worse for Obama if the resposes came from a true sample of Americans.

    September 4, 2010 08:25 am at 8:25 am |
  16. Chipster

    The President can't do it alone. Democratic representatives appear to be working against him and us. We worked hard to get them into office to change the downward spiral but they're voting against the policies that they ran on. It's no wonder that voters get discouraged. If Democrats lose in Nov, it's because Democratic voters feel like the hard work was a waste of time. They betrayed our Democratic principles. Republicans will just cut taxes for the rich and the middle class will continue to decline but at least we know what to expect from them.

    September 4, 2010 08:26 am at 8:26 am |
  17. TEE

    I have one question for CNN & all other major media. Has there ever been another President, who has been polled on a daily basis as much as President Obama ????????

    September 4, 2010 08:37 am at 8:37 am |
  18. anthony

    Obama has a problem with independents because he is perceived to be irresponsible with spending. The 2009 budget, which tripled the deficit from 2008, was in place before the 2008 election, because the 2009 fiscal year started on October 1, 2008, but few people know that. Most people assumed that the 2009 deficit of 1.4 trillion came from the stimulus program, but spending on the stimulus, which is spread over 2009-11, accounted for only 7 percent of the deficit. Most of the deficit comes from the recession, which caused a collapse of tax revenues, and continuation of Bush-era policies- the Bush tax cuts, the two wars, and Medicare Part D.

    Obama needs to focus his message on economy. He needs to continue to push for the small business aid bill, and keep hammering home the fact that the bill provides loans to small businesses, not bailouts, and is fully paid for in the budget. He needs to point out the private sector has averaged a gain of 100,000 jobs a month this year- not great, but better than the way it was at the end of the Bush presidency, when the economy was losing 700,000 jobs a month. Finally, he needs to let the Bush tax cuts expire for families making over $250,000. The Bush tax cuts are still in effect, but they have not create jobs the last two years. Letting the Bush tax cuts expire for families making over $250,000 will cut the deficit immediately.

    September 4, 2010 08:57 am at 8:57 am |
  19. sharon

    Oh Mr. President voted for you and was so thankful that you won because I cannot imagine a world with John McCain as President and the Wasilla hillbilly as Veep-a war with Iran, a deep depression, that followed tax cuts for everyone that were not paid for. But sir you have let me down. You have allowed the minority party of NO to control everything. You wasted one year actually thinking you could convibce them to work with you when it was obvious from day 1 that was not going to happen. They did not care if the average Am erican suffered – they are rich and their supporters are rich and the heck with the middle class. All they care about is defeating you and your agenda. Well guess what – they have done it with the help of the bottome feeders from Fox. You have done nothing to stop them.You will not take a stand and stick to it you will not fight back but when you attempt to you often look foolish. Now all your time is devoted to the middle east talks. When are you going to stay in Washington, and work on the economy. You have never stopped campaigning since you won the election. You have never made the transfer from campaining to the Presidency. Maybe if you would stay in town and work on the economy and find a way to pass needed legislation by reconcil iation if necessary you might get something done. Keep on the way you are going and we will be looking at President Jeb Bush in 2012. Wake up sir and do your job before it is too late.

    September 4, 2010 09:03 am at 9:03 am |
  20. Livin the good life

    I don't believe in polls. Just because 1024 people were "polled" does not make up the majority of millions of Americans. Why even bother unless you utilize MORE people. 1024 is a measley bunch. You cannot even get a pulse...Beau Colby

    September 4, 2010 09:06 am at 9:06 am |
  21. Paul

    The fact that you report solely this, and not that his overall approval rating is at a robust 50%, is revealing.

    Report the news. Don't try and drive it.

    September 4, 2010 09:08 am at 9:08 am |
  22. Tammany

    Keith has a very weak arguement. What an idiot to think that commen sense wouldn't be assumed here. I wouldn't think he would hold the documents bare handed. Duh, no brainer here,

    September 4, 2010 09:09 am at 9:09 am |
  23. SurRy

    We do not manufacture (mfg = jobs) anything in this country anymore. We are allowing our infrastructure to crumble because we'd rather spend a trillion dollars on an illegal war (maintaining roads and bridges = jobs). Older Americans have lost their savings and are being forced to delay retirement (retirement = jobs for younger workers). Many of the folks now complaining have been duped by the Republicans into voting against their own best interests for the past 30 years: Demonizing unions, tax cuts for the rich, opposing a living wage, corporations not paying their fair share of taxes, "wedge" issues, and arguing that corporations should be allowed to send jobs to other countries. What the hell did people think was going to happen?

    September 4, 2010 09:09 am at 9:09 am |
  24. jay

    Unless we stop sending jobs overseas for their cheap exploited labor, the economy will never get better, free trade should be fair trade. Go to your local Department store, nothing is made in America anymore, yet these same Clowns are running around waving the American flag, it's probably made in China too.

    September 4, 2010 09:09 am at 9:09 am |
  25. Hugo

    Obama's handling on the economy has been done to the very best to his ability. It is the very best that someone without any private sector business experience or even personal financial experience free of government entitlements could come up with. It is based on the very best concepts of his understanding of what makes the economy tick ideas that he an Administration comprised of 85% lifetime public service bureaucrats and collegiate intellectuals from Harvard law could make up. America deserves better, we ARE better!

    September 4, 2010 09:19 am at 9:19 am |
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