Newsmax ^ | Friday, 22 Jun 2012 12:26 PM | Paul Schicchitano
As consumers get some welcome relief from painful gasoline prices heading into the Fourth of July holiday, President Barack Obama’s approval ratings on his handling of the economy have also taken a dip for the same reason: worsening economic conditions.
Just 33 percent of Americans now believe the president is doing a “good” or “excellent” job when it comes to the economy, according to a Rasmussen poll.
That’s down from 41 percent at the beginning of May, which could be yet another sign that the president’s re-election chances are tied more to the economy than to any other political issue.
“This election is more than just a referendum on President Obama. It is a referendum on his handling of the economy,” declares Political analyst and Democratic pollster Doug Schoen in an exclusive interview with Newsmax on Friday.
InsiderAdvantage head and pollster Matt Towery agrees with Schoen’s assessment. “Regardless of what poll you’re looking at, the president’s not doing well in the economy in terms of just dealing with the economy.” …
“Gas prices are the political football of the world and they generally never mean anything,” said Towery. “What they’re concerned about is people don’t have any money in their pocket.” …
U.S. manufacturing grew at its slowest pace in 11 months in June and the number of Americans filing new applications for unemployment aid fell only slightly last week. …
(Excerpt) Read more at newsmax.com ...
