November 2nd, 2010
05:39 PM ET
12 years ago

Exit Polls: Who to blame for economy

(CNN) - Voters think the economy’s a wreck…but who’s to blame? Thirty-five percent of voters in early exit polls pin the blame on Wall Street. The next name on the list: former President Bush – 29 percent point their fingers in his direction. President Obama follows, at 24 percent.

Just 35 percent of voters think the country’s on the right track, to 62 percent who think things are heading in the wrong direction. They’re not quite as pessimistic as they were just two years ago, when those numbers were 21 and 74 percent – but angrier than they were back in 2006, when 41 percent felt the nation was on the right track, to 55 percent who said they were headed in the wrong direction.

soundoff (11 Responses)
  1. bill

    washington is to blame

    November 2, 2010 05:48 pm at 5:48 pm |
  2. Marie MD

    Oh I don't know. The whole meltdown started with the bush man. Whom should we blame? President Obama was left to clean up the mess he and his rethug friends made.
    It took bush and his cronies eight years to put the country in the toilet. The President has had less than two years to snake it.

    November 2, 2010 05:53 pm at 5:53 pm |
  3. Terry in Iowa

    I'll go one further, Ronald Regan and voodoo economics is the foundation of our problems. Supply side sounds great on paper, but for 30 years to many of the wealthy have redistributed the wealth of the middle class, hording it and moving it off shore. We’re now paying for their greed.

    So yeah, cut more taxes so they can siphon more out of our economy and deregulate so that it becomes easier and easier for them to do it.

    The proverbial straw has been the Bush tax cuts that have been in place for 10 years. Lost 8 million jobs. Sounds like a real winner of an idea to keep them.

    November 2, 2010 05:59 pm at 5:59 pm |
  4. Mauricio

    So let me see Republicans are taking 100s of millions from wall street to run deceptive ads against Dems and financial reform, and want to go back to tax cuts for the rich, deregulation and all the other Bush policies that got us into this mess. So why would any of the 64% that blame WS or Bush vote Republican?

    November 2, 2010 06:03 pm at 6:03 pm |
  5. Mike in Fl.

    Greedy 2-income families, greedy companies cutting jobs, greedy insurance companies kicking you while you are down. People, we all need the Dems to win. The repubs sold their souls to the insurance companies. We must give ours to the Dems. I am ashamed that I was a Repub. I realize, I make a mistake. I am not filthy rich, why should I vote Repub. I used to vote Repub because of abortion. I have prayed and found I can be pro life and pro choice at the same time. So can you.

    Want to change the economy? Tax 2 income families heavily. If only 1 person working in a household, EVERYBODY WOULD BE WORKING. Yes it is drastic but it will work. Something needs done.

    Peace, out

    November 2, 2010 06:06 pm at 6:06 pm |
  6. J

    24 percent of people polled blamed Obama for the economy. That shows how ill informed so many are. I watched my 401K get halved in 2008 when Obama was not president and when the crash was in full effect. Its like someone was drunk driving with our country, crashed the car, tossed the keys in someone else hand then everyone blames the one holding the keys instead of the one who crashed the car. The ones who crashed it are hiding out hoping nobody remembers.

    November 2, 2010 06:07 pm at 6:07 pm |
  7. Rita

    CA voters-CA was REALLY better off with the DEMOCRATS in office. They don't pander to big businesses, Oil companies or WALL STREET. AS we already know the DOW JONES climbs or falls based on GREED and only GREED! Wall street reform was necessary to protect the middle class. Please don't vote for Whitman. Her proposals include 1) eliminating overtime pay and 2) not taxing off-shore drilling-CA is the only state which does not. Please don't vote for Fiorina. SHE'S BEEN ENDORSED BY SARAH PALIN. Fiorina opposes a woman's right to choose in every circumstance-including rape & incest. Finally, Jerry Brown was the first governor to invest in alternative sources of energy-including wind power. WHEN HE WAS GOVERNOR, WE ALL TRUSTED HIM-INCLUDING THE HOWARD JARVIS TAXPAYERS ASSOC.-WHICH ENDORSED HIS 2ND TERM. Thanks, your friend Rita

    November 2, 2010 06:14 pm at 6:14 pm |
  8. Dave

    Considering that it took the GOP and their dim-witted ideas years to tank the economy, Obama cannot be expected to fix it in two years. Make no mistake, the Republicans couldn't care less about this country. All they want is power. No more, no less...

    November 2, 2010 06:19 pm at 6:19 pm |
  9. George

    We are all to blame. Everyone wants to get rich quick rather than actually work for a living. From Washington to Wall st. to real estate and mortage sales reps to the average Joe hoping to make a quick 100K flipping a house and then bailing on the loan when it wasn't panning out. It wil take much longer than 2 years to fix this but Americans seem to have too little patience.

    November 2, 2010 06:42 pm at 6:42 pm |
  10. Mano

    How short memory is. The meltdown started by the failure of institutions who promoted sub prime housing loans. People were sold houses they could not afford and when the payments stopped so did Fannie Mae and Freddy Mac. Who opened the door for sub prime lending? Might look to Clinton for that one.

    November 2, 2010 06:53 pm at 6:53 pm |
  11. deborah

    Right on target Terry! The financial deregulation that occured at the direction of the Regan Administration set in motion the non-bank banking institutions which created the mortgage and credit crevasse that we are in. They were "supposed" to be directly supervised by the SEC which has never been fully funded by congress. What has never happened and never will is the SEC will not be given the money it needs to fulfill its responsibilities.

    November 2, 2010 07:01 pm at 7:01 pm |