American voters are more confident that the economy will improve in the next year, but trust in major institutions continues to fall -- a slump that mirrors Pres. Obama's tumbling approval rating.
Seven in 10 voters say the economy will improve over the next 12 months, according to the new Allstate/National Journal Heartland Monitor poll, while just 27% believe the economy will worsen. But 56% of voters say they have less confidence that elected officials in DC will make good financial and economic decisions.
Voters also say they have less confidence than they did a year ago in major corporations (50% say they are less confident), investment banks (55%) and national banks (51%) to make wise fiscal decisions.
As trust in national institutions falls, so has Obama's approval rating. Just 48% approve of the job Obama is doing, while 46% disapprove, the poll shows. That's down from a 61% approval rating Obama sported in an Allstate/National Journal poll conducted in April '09.
Voters have lost faith in Obama to craft solutions to the country's economic challenges. Just 39% say they trust Obama more than GOPers in Congress, while 32% say they believe the GOP has the right ideas. That 7-point gap is down from a 29-point Obama advantage in the April '09 poll.
Only 39% of voters said they would vote to re-elect Pres. Obama if the election were held today, while 50% say they would vote for someone else. 25% of voters would definitely vote to re-elect Obama, while 37% would definitely vote for someone else. Change and Hope at it's best my friends. While they keep saying that the "teabaggers" have no effect on politics we keep proving them wrong. Now granted most of this drop isn't because of what the conservatives and Republican have done. But rather because of what the Democratic Party and Obama has done. They have gained control on parts of our lives that most Americans don't want the Federal government to have control over. And they have lost control over the things that they should have under control. But as conservatives we must keep on keeping on when it comes to sounding off about the reality of the Democratic Party. We need to treat every month like it is Nov. Because when you look back at this time in history you need to be able to say what you did about it not what you thought about it. Now get out there and tell everyone what the Democrats are planning to do and what they have already done to the freedoms and lifestyle we once had. And don't forget to remind them that we have their "HOPE" and "Change" for the next election.