Voters says Obama’s economic policies contributed to poor economy
There is little question that Mitt Romney, the Republican nominee, has had a rough past couple of weeks. But with a little under four month until the election, voters have a lot to think about, and a new poll from The New York Times gives us some insight into how they view President Barack Obama’s economic policies:
Nearly two out of three registered voters believes that President Obama’s policies contributed to some degree to the economic downturn, according to a new CBS News/New York Times poll.
Thirty-four percent say Mr. Obama’s policies contributed significantly to the downturn, and another 30 percent say they contributed to some degree. Thirty-five percent say the president’s policies contributed little or not at all to the downturn.
When it comes to their personal financial situation, more voters believe the president’s policies will make their economic situation worse (39 percent) than improve it (26 percent). Presumptive Republican presidential nominee Mitt Romney fares better: While 25 percent say his policies will make their economic situation worse, a higher percentage - 32 percent - say his policies will improve their economic standing.
That’s an ominous sign if you’re on Team Obama.
Look, folks, there is a reason that corporations and businesses in the United States are sitting on an estimated $5 trillion. There is a lot of uncertainty about our economy due to regulatory policies, mandates through ObamaCare, and tax hikes, which could cost 700,000 jobs, expected to kick in at the beginning of the year.
Unfortunately, there isn’t much hope that we’ll see a jump in economic growth this year. We may see some positive jobs reports between now and November, but the tepid recovery shows that Obama’s economic policies have, much like FDR’s New Deal, contributed to its slow pace.