The gap has shrunk a bit, but the economy is turning around so in a year’s time it’s unlikely we’ll have the problems we’re having today. Basically, the question will then be… “Who is responsible for the economic growth in this country?”
Obama has stated that he “inherited the most profound economic emergency since the Great Depression.” And while some of his critics dispute the extent of the crisis, there is little debate that he arrived in Washington amid rising unemployment, struggling equity and housing markets, distressed banking and auto industries, and a rapid retreat in consumer spending. Americans in July 2009 clearly recognized that the nation’s economic problems preceded Obama’s term; at that time, close to half of Republicans (43%) — in addition to most independents (63%) and nearly all Democrats (92%) — believed Obama bore little or no responsibility for them.
And here are the numbers…
Sidenote…currently Obama’s approval rating is averaging about 48%. If this is as low as he goes as we’re pulling out of the recession…wonder what it’ll be this time next year.
Care to make any guesses?