How’s the president handling the economy?

According to a July 13 CBS poll, about 48 percent of Americans approve of the way President Obama is handling the economy. That’s down from a 61 percent approval rating in April.

President Obama has frequently spoken of how nations’ economies are connected and how financial problems must be tackled on a global scale. Do you approve of how he is handling the economy? Post your comments below.

26 thoughts on “How’s the president handling the economy?

  1. here it is about the same as it was this time last year.

    i don’t know if that is bad or good?

  2. Obama’s plan for health care reform is not a pretty picture. I like my healthcare just the way it is. I don’t want to participate in ObamaCare!
    There are several major tax increases included, most of which violate the Taxpayer Protection Pledge. In the end this will result in an income tax rate of 45%, and a capital gains rate of over 25%. It’s more than that when you factor in that this surtax is not on taxable income, but on adjusted gross income. Factoring that plus state income tax in means that the top rate will exceed 50%, and the capital gains rate will exceed 30%.
    I’m single and employed full time, because I feel that everyone should be self-supporting, or plan ahead for later years. I spend my money wiser than many my age, and I am still barely able to make ends meet.
    In kindergarten we learn to Just Say No. I urge you all to JUST SAY NO to Obama’s health care plan.
    Janelle L Armstrong

  3. The more we presume prior-unity with human kind and global responsibilities are made our own, the more we will be happy with less luxury. This economic crisis is sensitising us that we cannot live in the same old way. Our consumer balloon has exploded. A lesson need to be learned here. Yes , Obama is right, let us work on a global scale. Let us invest our resources into the well-being of everybody all-at-once. In the long run this will benefit us all.
    ADI DA SAMRAJ :”The present moment in human history is the crucial turnig-point–truly, the ‘zero-point”–in which a new and systematic global human culture can potentially, emerge. That new culture will be based on global cooperation, in association with principles of accountability that will manage the Earth-world responsibly on a cooperative basis.
    It is a matter of reorganizing what now exists in the form of the current corporations and adapting them to processes of manufacture that are life-positive and Earth-positive. This will necessarily involve addressing imbalances in the accumulation of wealth.”

  4. Obama hasn’t been in office long enough to make an impact. He needs to show clear direction in terms of managing the economy and demonstrating clear fiscal policy – implementing measures to not only rectify the quagmire it’s in at the moment but to plan for the future.

  5. First of all, I believe President Obama is doing – and has been doing, a terrific job, given the enormity of the task that he inherited from the previous administration.

    However, there seems to be one thing lacking – a lesson I learned as a teenager growing up in the early 40′s, as the United States was forced to absorb a tremendous defeat at Pearl Harbor. Fear gripped our nation, at least, the community where I lived as most families feared their sons would be called to service – and their memories of soldiers returning from WWI were still in their minds. It was not a pretty sight.

    Then, our President came over the radio encouraging ALL of us to join in the war effort and offered a wide range of things we could do to serve our nation.

    Therein are the key words that stimulated our interests and assured us of an eventual victory – ALL OF US, and SERVE OUR NATION.

    I believe they are missing – today.

    It is not just the un-employed, even the auto workers, that need our government’s assistance. What is more important that the rest of us be encouraged to help.

    It is not just a matter of finding a job, it is finding an opportunity to help – and we ALL need to be inspired to lend what we have to the greater cause.

    We tend to look on Washington as ittle more than a den of bureaucrats – a word that does not fit well in the vocabulary of most Americans. What I see are thousands of well intentioned experts in their line of work – who need to be “stimulated” to offer their suggestions as what they believe the average person can do to help us throw off this mantle of doubt and despair. I believe they could not only help to reinvigorate our people today, but also alter the future for all of us.

  6. I do not aware about how president Obama is handling the economy in the USA, because I’m not natal from that country. I do agree that … ” nations’ economies are connected and how financial problems must be tackled on a global scale”… And would like to reffer specifficaly on this sentence, with few words. Maybe, and I hope so, president Obama could make the countries to be united, by international laws, based on “the difference” diffferencial laws, based on the upcomings of the families, to affort : education, social services, health services, taxes, etc..
    First af all to organize the world, I do think, the goverments needs also international laws for the presidents, and prime ministers, those laws should be appprove per majory of votes by this International president committe, then it will be easier, in a democrathic way to expulse the “undisires dirigents” wich promote hate and death to people. With also an International security group (comando, taff people) Maybe this will explote in war, but, and just because everything is a long proccess in our World. In the future the people in mand will be afraid of this kind of laws.
    Secondly, we need an International economic sensus, and then global economic laws, as well, based in the same principle I wrote before. And all this just because nearly in time we will pass to the new era of just Monopolies in earth and the major number of citizens in the World will be slave again, and this without any difference of race, sex, or religion. It is easy to organize, and that is just what Mr. Obama, needs to do because development means organization, and our world it is very far from that. I have wrote the begining of some protocols, to unite the World.

  7. We must be supported him for all his effort, especially for US economic recovery.

  8. The man is proving to be a disaster. Thank God there are Blue Dog Democrats to put the brakes on this radical socialist. He will single-handedly give control of congress back to the Republicans if he doesn’t put his antena up and gage how Americans are beginning to see him (for what he really is). Most of us don’t want any of what he’s selling, no matter that he can sell pork to a Muslim and make him enjoy it. If he isn’t stopped he will go down in history as a complete disaster for the United States. Still, those who worship this cult-like polititian will stay by his side no matter what comes from his radical policies.

  9. human beings are damn interesting. obama isn’t even a year in office and what he is advocating is for the good of the majority Americans. exclusivity is the mother of crises like the current global credit crunch. why cant we all learn to at least share a few basics?

  10. The scariest thing about Obama is his total lack of fiscal discipline. Massive government spending at the best of times is bad news for the economy, let alone during what could be the worst recession in history. His team is weak, and he himself is quite weak and fickle minded – still blaming George Bush for everything. You can tell the signs a great leader by his first 3 months in office. People snipe about Bush, but Obama could never handle 9-11 the way Bush did. This man hasn’t even solved ONE problem yet let alone a full blown crisis.

  11. obama is still new in his leadership,let us give him time. he is a visionary leader and a man of principles. He will do the best and you people give him support and time to implement his strategies.
    obama carry your plans well.

  12. MAN they still playing games with our minds.
    OBAMA is just another fake president that the real leaders put in the front picture for us to blame.will they continue their plans of ruining the world . . we need to start looking at the pig picture.

  13. When the internal truth about AMERICAN ECONOMY had remained suppressed in the past under the governing charisma of the country with certain vital decisions egoistically based at the top for the nation as power of its projection to the outside world and things were pretty red at Obama’s take over then of Presidency, he was left with no option but to project himself into it for a bail out for America by looking globally to simultaneously fight recessions and also evolve strategies to somewhat stabilize the internal roots of the country on economy that had the cover of good time of the past allowed to remain in the positive by and large under the negative of governance meaning not timely because that has been the continuing tradition of the past Presidents of America. His slogan for change therefore, definitely is presenting itself as a pinch for the old heads on it politically on health care and other core related matters on Power that America at this stage can not afford to overlook meaning where unnecessary expenditure stands as a necessary evil for governance to absorb and where, perhaps reformed health care package has come to be seen as negative on the plea of taxation. A bit of sacrifice is always required initially to put the rails back on track because what the change initially brings about does not remain change, it gets acclimatized at the level of psyche and soon thereafter, concessions on it; (once the basic step has been achieved on all important fronts) start making people happy why? That is because the basic idea of change comes in only when one phase of transition comes to an end for the new to begin like today the world watched the total solar eclipse because it was alive as life to watch that celestial phenomena from various angles of probes on it. Likewise if Obama is under probe, it is but natural because he has come in with the trump card of change that many do not seem to be relishing. There is a famous English saying “old habits die hard” and for people who are stuck with that inwardly, wisdom can only convey “respect the President, allow him to make mistakes and also allow him to correct on those to become a metal of its kind rarer than gold for life in this global changing trend of life”. For that America as country is required to see itself internally as well as globally.
    ________________________________________________________________

  14. I think President Obama is doing a fabulous job given the amount of challenges he had to deal with from when he took office. Unfortunately the GOP having realised how unpopular they are now they are looking for every mistake and weakness in the President to try and gain points on him. I personally think we are at time where playing politics or trying to gain points on each other isn’t the solution. Polticians needs to put their heads together and deal with the issues that are troubling for example the economy and the war in Afghanistan. This isnt a time for trying to prove who is smart and who is popular, its a time to deal with real issues. Thousands of people are loosing their jobs every week and pointing fingers isn’t gonna help. Its easier for people to say what they want when watching from a distant but most people haven’t got a clue what these challenges involve.

  15. When I start working again, only then will I approve of the way the President is handling the economy. It’s that simple.

  16. CONSTRUCTIVE LEGACY OF BARACK OBAMA FOR ORGANIZING FOR AMERICA TO BE A GLOBAL LEADER :

    Let American Society, Senate & Congress, Obama-Administration and the Democratic Leadership stand WITH COMPLETE TRUST – and – (if we are constructive) GOD is with US, SO :

    I WOULD LIKE THE US PRESIDENT BARACK OBAMA TAKE A BOLD STEP BY LAYING THE FOUNDATION-STONE OF TRADE SQUARE MARVELOUS-4 HIGHEST-RISE BUILDINGS I would like to invite you once again that at the time of economic recession based on unemployment, that please have a study in perspective of pride of curiosities especially of Constructive-Wonders, whether of Joseph-era and/or other Egyptian, Chinese, Muslims, Europeans, and Mughals’ dynasties, or , recent constructions’ developments of Shenzhen of China, Dubai of Gulf, Linz city of Europe, Mega-construction- Projects such as Twin Towers of Malaysia and Extension of Two Holy Mosques of Saudi Arabia , if any one go through the videos of construction series of remarkable works, one could easily have a factual study of an outstanding pace-of-development process impact- full constructively on socio-political-economic development with national, regional as well as resourcefully global engagement in requisite production system along with involvement of national & international stimulus (including respective best of the best globally available materials, technology, and human resources) visibly going back in to the working process stabilizing the respective national & inter-related economies of the globe by changing the business game not only within the country itself but also around the globe, leading to strengthen the financial sectors globally, as well.

    Time has came now to reveille the sound reverberate through to rouse the European nations enabling immediate revival of mislaid boom, by reveal able construction of pride of European several Mega-Construction-projects to admirable & re-alive construction of MARVELOUS-4 Highest-Rise Buildings (in place of Martyrdom-2 Buildings of Twin-Towers) to come out of the recession by your alive leadership of your dynamic nations. SO, please stand rise-up for laying the FOUNDATION-STONE on up-coming 9/11 this year leading to one of an outstanding era in front of you, on our globe.

    As well as , let the experts sit to make schemes of development of new Townships, New Cities (like Schenzhen City of China), and to develop SHELTER-THE-SHELTERLESS PROGRAMS, and so on to proceed for immediate implementation through private & public sector in collaboration of national & international organization, within our respective countries in first priority and on the globe where the mistakenly, or/otherwise, naturally disastrous humanitarian conditions of shelter-less watching towards the nature for any power of revelation for their survival.

    The above visionary pace-of-development will put forth value-added impact on construction related industries & Steel i.e. main-sale + industrial growth + new jobs creation + positive invasion to velocity rate of market, to recover the economy alive for an alive nation as alive as you, as alive my heart for you, for all of the humanity, and for our Human-Globe, our Planet- the Human Earth.

    Question Arises that how & where the money comes from ?

    Obviously, the actual money-roots are Peoples themselves to Donate for themselves, government of peoples, by launching a US Construction Fund with Drop-In Donation Box available Door-to-Door, Shop-to-Shop, Office-to-Office, Recreation Centre-to-traveling facilities, so each & every place-to-place to make accessible the national responsibility to prove outstanding to lead for, as well as, Government special sanction of Budget in this regard, also by involving World Bank, IMF, American, European & International Banks, Investment & Holding Companies to invest directly in the Proposed Mega Project and so on further re-invest for stimulation of idol & launching of new ‘construction-related-industries & works’ with excellencies of Western & global technologies and experiences of latest construction & National Securities of Mega Projects during & after construction.

    Let’s start it with America and rest of the national houses of our Global Village will be enlightened themselves to see the best Visionary Model of symbolic Brass-Face of liberty…………….ENGR. TAHIR ZAHEER (MUGHAL) – COO (Global Business Division) – SEFEC” (www.sefec-engg.com) pleased to have an opportunity of discussion the Ever-Best Idea for Architectural-DESIGN of BEST-OF-THE-BEST TRADE SQUARE MARVELOUS-4 HIGHEST-RISE BUILDINGS, highlighting & enlightening Ever-Pride of American-Reflection of R&D Excellences to keep remaining as Global Leader as ever & forever on our Globe, for that US President Barack Obama under his outstandingly foresighted Political Leadership & Marvelous Statesmanship is dead-honestly navigating, thriving, striving & organizing for.

    Please be specially noted that the CENTRAL BUILDING of said Trade Square between the Marvelous-4 HIGHEST- RISE BUILDINGS will be WORLD TRADE CENTRE i.e. an outstanding World Trade & Industries’ Exhibition Centre on the Globe for all intents and purposes with International Booths/Stalls/Pavilions of International Companies & Manufacturers of respective countries of the Business World to interact, Display and have allowable DUTY-FREE on-spot sale of exhibited Products, must be facilitated without any Tax & Duty on investors & Exhibitors involved in Business within the said WORLD TRADE CENTRE that will be outstandingly Architecturally-designed between 4-Marvelous Towers of HIGHEST- RISE BUILDINGS.Obviously, such an attraction will make the Mega-Project of Trade Square inviting the Business World to Invest in getting Permanent Property rights to have a pride by keeping themselves the part of said WORLD TRADE CENTRE . Rest there will be Places Centering IMF, World Bank, WTO, Financial Sector Head Offices, as well as UNO & United Nation Agencies Central Offices, NASA & other Research oriented Institutions & Universities including American Research Centers of R&D Excellences for research & Studies for on-going socio-economic trends for upcoming technological developments, constructively as Part-of-solutions to extend the best of the best developments for All comforts of the lives.

    http://myproject.serve.gov/public/OpportunityDetail.aspx?projectId=11268&subProjectId=4838902

  17. Hi Janelle,

    You really put it well. Bless you for being responsible.
    In the country where I originally came from, Norway, government health care is so unsatisfactory; people are buying extra health insurance to get into special hospitals with the best doctors, so they can get the best care without waiting in line.
    Sounds like the system we already have here in the U.S. I don’t want to change it either.
    Their taxes are also outragious.
    Best wishes, Eyvind (sounds like Ivan)

  18. Dear Vais, what you are calling for with your ‘International presidential comittee is a kind of Global Cooperative Forum. Let me quote Adida Samraj :
    “The purpose of The Global Cooperative Forum is to ensure that the totalty of humankind, or everybody-all-at-once, is participating in a global political reality, and demonstrating the self-organizing means for making it right and keeping it right.. The power of industry and money has actually become senior to the power of governments, and is now controlling the entire world. The only power that can deal with these powers that are on the verge of destroying the Earth-world is everybody-all-at-once–meaning not merely mob power, but a new cooperative system for dealing with issues.

  19. To M.J. Vais. Here is an interesting link where you can read more on creating the Global Cooperative Forum : http://www.da-peace.org/
    The quote from Adi Da Samraj is from His Book : Not-Two-Is-Peace

  20. Obama inherited one of the worst crises since the great depression of the thirties. The economic one combined with a global political one thwt was deepened by 10 years of Bushism.
    There has been a historical trend where the gap between the rich and poor countries has been widening. The USA with 6 percent of the world’s population consumes 25 percent of the world’s resources. The USA because of the way credit operates has been living on potential future earnings. beyond their means.
    The structure of the global economy has become addicted to overconsumption by some countries the USA being the prime one. If the consumption levels fall it spell disaster.
    The gap between the rich and the poor in the USA has been widening. Real wages of the workers have been falling over the years.
    A huge percentage of the newly created wealth went to one percent of the population. Eighty percent of the population got only a small percentage. I am not stating what the percentages are for you would find it unbelievable.
    The problem is that utilizing the legal person “the Company” the shareholders are insulated. They get their dividends over the years and if the company gets into problems it declares bankruptcy or as is happening the state chips in with tax payers’ money to bail them out to save jobs. The big share holders still have their dividends in their private bank account.
    Because of the structured shift in wealth the vast majority do not have the money to buy what is in the bonds though they need it. The rich with a disproportionate amount of the wealth cannot consume what is in the bond and so we have a particular form of over production which prevents profits from being realized. Because of this form of overproduction workers are laid off. This further reduces demand.
    The over 200 poor third world countries cannot buy from the developed countries because they do not have the income.
    The states intervention to own and control is objected to on ideological grounds, as the press and the publishing houses are controlled by about five major corporations that control over 60 percent of the world’s wealth. Their control over the minds of people is understood.
    A lot of education is necessary. We must attempt to relook at the situation. Our expectation must be reigned in. We must relook at the idea of state ownership even though we have been conditioned to reject this. The performance of the private sector has feft a lot to be desired and shows how inefficient it can be. Unbridled private sector does not equate to democracy. They are necessary but can we allow them to have such a disproportionate control over our resources and our lives.
    We have been taught by the corporate media that state ownership will always be inefficient. We must debate this with an open mind.
    It is the vast majority of workers who are suffering and we must enter and enhance this debate.
    The solution is not easy. It may call for structural changes that would be opposed by even those who would possibly benefit because of the way they have been socialized/educated.
    Obama needs support, not criticism. We may all have contributed to the problem. Wall Street certainly did are we to continue trusting them to take care of the future.

  21. sir
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    iam studen bachelor class
    iam poor man