Obama Approval Ratings Sinks to New Low on Rising Gas Prices, Disapproval Rate Climbs to 47%

Obama Approval Ratings Sinks to New Low on Rising Gas Prices, Disapproval Rate Climbs to 47% (CBS News)

Obama approval  ratings have slipped to a new low, with 47% disapproval of his performance,  and that’s in large part to the perception that he isn’t doing enough to stem the rising gas prices.

CBS News:  President Obama’s approval rating has hit the lowest level ever in CBS News polling, according to the latest CBS News/New York Times survey. The drop may be partially attributable to rising gas prices.

Just 41 percent of Americans approve of the job Mr. Obama is doing as president, according to the poll, conducted from March 7 to 11. Another 47 percent disapprove of his performance, up from 41 percent last month.

Mr. Obama’s approval rating was 50 percent last month.

The average U.S. price of a gallon of gasoline has jumped 12 cents over the past two weeks. The poll found that most Americans, 54 percent, believe gas prices are something a president can do a lot about.

Newt Gingrich claims when he becomes president, he can get gas prices back down to $2.50. Yeah, when donkeys fly.  I don’t believe President Obama, like his predecessor George W. Bush, can manipulate the gas prices. Experts attribute the changes to a variety of factors, many of which are outside the president’s control. The biggest reason I believe we are seeing such a spike in gas prices is due to the rumors of war in the Middle East, particularly between Iran and Israel.

It’s ironic that this polls comes as another poll says Americans believe they are better off. I guess this begs the question of which Americans? The black community still has a 14.1% unemployment rate, compared to 7.3% for whites.

Bloomberg poll:  “Finds more Americans now say they are personally better off since President Obama took office than worse off, 38% to 36%, the first favorable reading for the president on that question since Bloomberg began asking in December 2010. That said, Americans are still far from content, with 61% saying the U.S. is moving in the wrong direction.”