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Who do Americans blame for the economy?
Posted: Jun 29, 2011
Most to Blame for the Economy
Now 3/2010
Bush Admiistration 26% 28%
Wall Street 25% 22%
Congress 11% 10%
Obama Administration 8% 7%
All of the above 7% 7%
After taking margins of error and source bias into account, it remains obvious who they don't blame.
;
poll - anon
[ In Reply To ..]The CBS/New York Times poll respondents:
Total respondents
Republicans 29%
Democrats 36%
Independents 35%
That means dems were outnumbered 2:1. - Thanks for the info.
[ In Reply To ..]Looks like tpots and fringers have been doing a poor job of swaying indies in their direction despite their best efforts to blame Obama for everything under the sun. Name calling, negativity, gloom and doom and conspiracy theories are poor substitutes for calm, rational, logical, informed rhetoric centered around identifying and solving problems and are probably the very last thing most people need to be hearing right about now.
What you just said makes no sense. ..and did you see - O's class warfare speech today? horrible.nm
[ In Reply To ..]nm
No one expects you to understand the simple mathematics - of poll numbers
[ In Reply To ..]or the meaning of their results. We understand how much energy it takes out of you to maintain all that negativity and O hatred. I am not worthy to argue class warfare with an expert such as yourself on class warfare. You wrote the book. I am sure one of your disciples would be more than happy to accommodate your need to vent.
If you cannot see how Obama creates rather than - solves class warfare, I feel sorry for ya.
[ In Reply To ..]As far as the hatred, is that your only defense? ... anyone who is not a fan of Obama simply hates? That is not true at all. Sure, SOME hate him. I just think he is a terrible president, which is pretty obvious by many of his decisions and terrible economic policies.
Yeah, I see it every time he bends over backwards - trying to elicit
[ In Reply To ..]bipartisan teamwork from the brain-dead in Congress, whose only expressed mission in the 112th session is destroy the president. They even said so out loud. Your reps, not mine.
Not so fast... - anon
[ In Reply To ..]This poll had 36% Democrats respondents with 26% of total respondents blaming Bush. I think we can safely assume those are all Democrats. In turn, if only 8% blame Obama, that would mean most Republicans and Independents blame neither Bush nor Obama. In fact, any educated person who has taken an American government class in college, knows that the president has little impact on the economy for good or ill.
Therefore, what this poll shows is that most Republicans and Independents are well-educated people who understand how the American political system works whereas most Democrats are uneducated nincompoops.
All the fast talk and spin you can conjure up - does not change
[ In Reply To ..]the fact that dems were outnumbered 2:1 in the polled population and the shrub came in on top (even above Wall Street!) despite the cons best efforts over the past two and a half years to try to sweep it all under the carpet. It's not working. Period.
You cannot safely assume anything about who is behind which numbers. It is not inconceivable that a democrat would hold Wall Street more responsible than Bush, especially those who are moderate or centrist, such as the Blue Dog species. Speaking of nincompoops, you cannot just arbitrarily place dems pubs and independents anywhere you please to support a weak argument when you are talking about a blind study. Here is another piece of insight for you. Despite what college courses teach you, fact remains that voters DO assign blame for the economy to presidents and their administration, whether they actually can influence it or not, and in politics, perception is EVERYTHING.
Now, I have a question for you. If the pubs are so well-educated and understand how the American political system works, by your logic, they are the ones who are supposed to know that "the president has little impact on the economy for good or ill." Why then are they all so intent on denying Bush had anything to do with the recession and trying to hang this all on Obama every time we turn around?
Hello. Nothing about your your rebuttal holds water.
recession - anon2
[ In Reply To ..]Who is denying Bush had anything to do with the recession? I'm not hearing that. Bush most certainly DID have plenty to do with the recession with all the sky-is-falling bailouts. Conservatives never supported that. The problem some of us have is that liberals will never admit that their chosen One is a failure. His policies have not worked. Give me one of Obama's programs/policies was a success. You can spin any number you want, but the record number of people without jobs and record gas and food prices are something that, no matter how hard they try, they can't con the American people that the economy is better in his Kingdom. Remember last summer was called The Summer of Recovery? From WhiteHouse.org, "This summer is sure to be a Summer of Economic Recovery." Really? It never happened. That is what is called a failure.
The people aren't buying it anymore. This was not the hope and change people expected.
We do agree that voters assign blame for the economy to the president and adminisration and thus, the Anointed One is a one-term disaster.
I can speak from personal experience on this. - sm
[ In Reply To ..]I have posted this before but it is worth repeating. Unemployment benefits the GOP tried gutting and Obama made sure were extended last Christmas kept a roof over my head and food on the table for 17 jobless months after a layoff in 2009. When my husband's auto transport business went way south after work slowed down to a crawl, a TARP/SBA loan allowed us to pay off the balance on one hauler, repair and improve the back-up hauler and put a down payment on another new one. We have since been able to get new contracts and expand our work pool. This created 2 new driver jobs and a third job for me doing dispatch, CSR and books. We paid off the SBA loan a few months ago, which boosted my husband's credit rating even more than paying off the truck did. We are now in the position to acquire a group medical insurance policy that will cover us, the 2 drivers, their spouses and children, one who has MS. Four of the six adults have pre-existing conditions. We could have never considered such a move without HCR. My son did cash for clunkers, traded in a gas guzzling Tahoe for a fuel efficient car, financed his first auto loan and has since established a good credit rating. My best friend was accepted into the mortgage program which prevented foreclosure on the home she had been paying into for 15 years. She is a former outsourced impoverished MT who is in school for jobs skill retraining using grants and loans while working part time in the same office where I work part time, a green energy company whose owner also took advantage of TARP funding to expand the business and create the jobs she and I now hold. Maybe this does not qualify as success in your way of thinking, but these policies have literally been lifesavers for some of us.
personal experience - mtmt
[ In Reply To ..]Wow! You hit the jackpot! I don't know one single person who had success with any of those programs. Four of my neighbors didn't make the mortgage rescue plan (or whatever it was called). One had missed a payment so he didn't qualify, two had lenders who didn't participate, and I don't know what happened to the other. They all lost their homes.
Don't get me wrong, I'm not doubting your story. You are truly one of the lucky ones.
My friend missed payments - sm
[ In Reply To ..]She did not qualify for the Making Homes Affordable Refinance Program but did qualify under the Making Homes Affordable Modification Program. Some of the conditions were that the home had to be the her primary residence and she had to demonstrate hardship like loss of income. That was easy because of the decline in MT pay over the years since she had financed the house. The balance due had to be less than $725,000. No problem. MTs generally do not live that high on the hog. They used a formula that applied to debt ratios that almost disqualified her but somehow the program kicked in a modest cash subsidy to help her meet that guideline. The interest rate was much lower than what she had originally financed (I think 2.5%) but it is not fixed and will go back up to the original rate in 5 years. I also remember they waived her late fees. That is what made her decide to go back to school so she could bail from MT.
On the lender thing, if they were applying for refinance, I think that only applied to Freddie Mae and Freddie Macc secured loans but I'm not sure. I don't think there were lender restrictions on the program my friend used.
The clunker program was tricky. Originally the program was supposed to run through the end of that year, but the response was so overwhelming they ran out of funds before the end of August. My son jumped in as soon as the funds were released and it did take a while to get approved, maybe 2-3 weeks. He managed to squeak in under the deadline though.
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