Charlie Cook said it best yesterday morning on The Daily Rundown when he said 2012 will be a referendum on the economy. Two new polls out today show why that isn’t good news for President Obama.
- Four out of five people now believe the economy is in poor shape
- It's the first time this year in AP-GfK polling that the respondents saying he deserves re-election have fallen below 50 percent, a demanding challenge for Obama
- Obama faced 59 percent disapproval on his handling of the economy and on unemployment
- 44% of Americans saying they are worse off under Obama
- 76% saying the economy is either getting worse or isn’t changing
- Just 3 in 10 say they are certain they will vote to re-elect him in 2012
Cook: This is a referendum and it is about the economy and where is the economy in the next six months?
CHARLIE COOK: This is a referendum and it is about the economy and where is the economy in the next six months?
TODD: But they always make this nuanced -- the Obama folks in return they say, look, we know this, but it's not going to be a referendum on the economy. It's going to be a referendum on the fact that, look, it was a whole and that voters are more sophisticated than that, is that fair?
COOK: I think their narrative skips over the fact that it wasn’t priority their first two years in office, something else was and it was health care. So it's kind of -- they're sort of hoping there's some amnesia there between the brief check on the box on stimulus and health care.
It's not that unemployment has to reach some low level.
TODD: There's no magic level, it's the direction.
Economy Jobs, Wages and Unemployment