Obama Feels Heat in the Polls

He may not be paying much attention to the stock market, where 11 trillion dollars of pensions, investments and 401(k)s have been destroyed, but you can be sure that Obama is paying attention to the polls showing diminishing support for his policies.

Of course, in presidential polling, all numbers are not equally important. Obama got 52 percent of the national vote. So when his approval drops, as it has, from 65 percent on Inauguration Day to 56 percent now (according to Rasmussen), he is playing with house money. Most of those who are coming to negative conclusions about his administration didn't vote for him in the first place.

But there are ominous signs in the data.

So far, Obama's administration has been characterized by two main programs: the stimulus spending and bank bailouts. But the polls indicate problems with each pillar of his package.

The public generally approves of his stimulus proposals. CNN found that voters approved of his economic program in general by 59 percent to 40 percent, while Pew Research discovered that they backed his stimulus program specifically by 56 percent to 35 percent.

But the problem is that voters don't think the stimulus package will work. CNN's poll, while showing broad approval of his programs, also found that voters did not believe his economic proposals would work, by 22 percent to 64 percent. In fact, the CBS survey data indicates that 48 percent feels that the "economy would improve without government intervention," while only 41 percent agrees that intervention was "necessary."

If voters approve of the stimulus program, even while they are pessimistic about its impact and question its necessity, they are downright hostile to the bank bailouts. CBS found that they disapproved of the bailouts by 37 percent to 53 percent and noted that "48 percent are mostly resentful toward Obama's policies toward banks and financial institutions." While Pew found 48 percent to 40 percent approval of the bailouts, it also noted that 87 percent are "bothered by the bank bailout."

So Obama has one program that is popular but won't work and another that is downright unpopular.

And his presidency is dependent on how they work out.

Bill Clinton could sustain his presidency with small-bore initiatives.

Some news organizations like to compare how Obama is doing with how other presidents fared. Specifically, at this point in their presidencies, George Bush-43 was at 58 percent approval, while Clinton stood at 53 percent. By that measurement, Obama's 56 percent would seem in the normal range.

 But Clinton won with only 42 percent of the vote in 1992, and Bush got 49 percent. Obama, of course, won 52 percent of the vote. So here's how the vote to popularity ratio stacks up:

Vote —— Job Approval —— + or -

Clinton —— 42 percent —— 53 percent —— +11 percent

Bush-43 —— 49 percent —— 58 percent —— +9 percent

Obama —— 52 percent —— 56 percent —— +4 percent

... not very good.

And, lets remember that Clinton lost control of Congress in 1994, while Bush's presidency — heading downward — was saved by his excellent response to 9-11.

But presidential popularity is not going to be the key determinant of Obama's political success or failure. The unemployment rate is going to fill the role of political harbinger. And that front is unlikely to be favorable. Despite the current reports of a false dawn — based on ratings that, while still dropping, have slowed somewhat in their descent — we are in for a long, hard haul in trying to turn this economy around. And Obama's vigorous pronouncements that he plans to raise taxes in two years are not going to help induce the economy's most prodigious spenders, the wealthy, to step up to the checkout counter.

Obama's fate is deeply linked to the economy. That's like being tied to an anchor these days.

To find out more about Dick Morris and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate web page at www.creators.com.

COPYRIGHT 2009 DICK MORRIS AND EILEEN MCGANN

DISTRIBUTED BY CREATORS SYNDICATE INC.