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Why doesn't Obama benefit from an improving economy?

Why Doesn't Obama Benefit From An Improving Economy?

It was the best of times, for the U.S. economy. It was the worst of times ... for President Barack Obama.

"Breaking news this morning, of course, the June jobs report blows past expectations." (Via CNBC)

"Thirty-three percent of voters think the president is the very worst since 1945." (Via Fox Business)

A poll released Wednesday by Quinnipiac University says Americans consider Obama the worst president since World War II.

And that poll attracted attention from across the political spectrum. (Via U.S. News & World Report, New York Post, Voice of America)

"Wow. He's followed by George W. Bush and Richard Nixon. The poll also shows close to 50 percent say the country would have been better off today if Mitt Romney beat President Obama." (Via MSNBC)

The poll comes amid a time of decreasing popularity for the president. Real Clear Politics estimates only 41 percent of Americans approve of the president.

Yet in some ways, the poll comes as a surprise for Obama. After all, only one day after its release, the U.S. had arguably its best jobs report since 2008.

‚ÄčAn economist speaking to the The Wall Street Journal said it was "just the fireworks the economy needs to brighten up."

The report shows the economy added 288,000 jobs. (Via USA Today)

And the unemployment rate plunged to 6.1 percent - all of which got investors very excited. (Via Bloomberg)

"Investors think this jobs report is so solid they wound up pushing the Dow not just to 17,000 but over it to 17,000 for the first time ever." (Via CNN)

The mismatch - between a growing economy and a struggling president - has not gone unnoticed.

In the words of New York Times reporter Dave Smith: "Jobs up. Unemployment rate down. Dow up. Obama's ratings sinking." (Via Twitter / @DaveSmithNYT)

Some attribute the gap to the perception that the economy is struggling. Fifty-seven percent of Americans still believe the U.S. economy is going downhill. (Via Gallup)

Others blame the media. A writer for Politico accuses Fox News of burying positive economic news.

"We need to point out the real unemployment rate stands at 12.1 percent, Eric."

"And Patti Ann, have you heard about the new shocking poll ... " (Via Fox News)

Americans might also be skeptical about the data itself. A poll conducted by YouGov in May shows only 16 percent of Americans believe the Labor Department's numbers are accurate.

Polls aside, Obama's economic agenda remains stalled in Congress. Some analysts believe responsibility for keeping unemployment low falls to the U.S. Federal Reserve, which has its next meeting at the end of July.

Join the discussion

1000|Char. 1000  Char.
tommy5960 July 03 2014 at 10:23 PM

NOTHING CAN HELP HIM HE HAS NOT TOLD THE TRUTH IN 6 YEARS...THE REASON THE JOBS GOT BETTER HAS NOTHING TO DO WITH HIM...HE JUST WANTS TO TAKE CREDIT FOR ANYTHING HE CAN..AND I THINK THE NUMBERS HAVE BEEN RIGGED LIKE EVERTHING ELSE LATEY..
WITH ALL THE PEOPLE COMMING ACCROSS THE BOADERS EVERDAY THER NOT GOING TO BE ANY JOBS FOR ANYONE JUST A THIRD WORLD WELLFARE STATE.

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33 replies
tippy301 July 03 2014 at 10:43 PM

He's a liar & the economy is not improving. End of story.

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21 replies
Herbert Kaid July 03 2014 at 10:26 PM

the economy added 288k jobs? according to whose figures? Another Obama number scam? It is [pretty clear that he does not know how to balance a check book.

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13 replies
jcbstz July 03 2014 at 10:46 PM

In order to be respected as a LEADER, you must tell the truths about all issues facing people. This is is a LIAR through and though. obama is the worst president ever. He will never be respected and cannot possibly regain respect

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11 replies
Herbert Kaid July 03 2014 at 10:34 PM

I must say this, because it is obvious. And that is, Obama has said in Public, repeatedly, that he will pass Laws by signature, if Congress does not do what he wants them to. This is a negative sign of any President, that he would obey his country's constitution, it is clear that Obama has no intention of obeying anybody's Constitution then his own.

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12 replies
let.freedom.ring July 04 2014 at 1:31 AM

Barack Obama is considered the
Worst President in American history because he is
a lying, deceitful, slime of a man.
Obama can not be trusted
and a person in a leadership role
MUST have the trust of those who elected him to office.
This man is known to put himself first and falsely blame others for his own continued screw-ups.
His uncontrollable narcissistic personality is known worldwide...!
Barack Obama has proven
that he does not and will not
follow 'the laws of the land'
and the American people
have had enough of him.
Barack Hussein Obama is the
Worst President in American history.

Flag Reply +98 rate up
37 replies
Herbert Kaid July 03 2014 at 10:24 PM

I would say because a lot of people are not feeling it, our dollars does not buy us the amount of groceries that it did before Obama took over the Helm. Also he has created so many Scandals, or has been in midst of,it is difficult to believe anything that he says

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7 replies
moooooooooochelle July 03 2014 at 11:18 PM

HUSSEIN OBAMA COULDN'T LEAD A PACK OF WOLVES TO RAW MEAT...

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10 replies
Herbert Kaid July 03 2014 at 10:30 PM

It has been said, that finally NOW, Obama is showing his real true self, and is doing what he had originally intended. Is that why his Polls are so low? I guess it take some people longer to see through the screen then others.

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6 replies
dhendr3229 July 03 2014 at 10:26 PM

Could it be folks are having to work 2 or 3 jobs just to make ends meet?

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7 replies
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