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President's Economic Approval Falls to 35%

Lydia Saad of the Gallup organization wrote yesterday, "Despite President Barack Obama's renewed focus on the nation's economy this summer, he scores worse with Americans on the economy than he did in June. His approval rating on the issue, now 35%, is down seven percentage points, and his ratings on taxes and the federal budget deficit are each down five points. During the same period, his overall approval rating is down three points."

Here's Gallup's chart of the president's job rating on the economy going back to the beginning of his presidency:

The "bottom line," according to Gallup is:

"It may be summer, but Americans are not all smiles and sunshine, at least when it comes to their ratings of Washington leaders. Gallup's August polling finds Americans' scant approval of Congress remaining low at 14% this month, while their satisfaction with the direction of the country slipped six points to 22%, the lowest since March. In this context, it is not surprising that Obama's overall job approval rating is at a low ebb for the year.

"What's more notable is that, despite ongoing debates about immigration policy, implementation of the Affordable Care Act, and Obama's approach to race relations in the wake of the verdict in the George Zimmerman trial, Obama's ratings on those issues are largely unruffled, while his ratings on the economy have suffered. Obama in turning to economic matters thus has his focus in the right place; but until the economy makes more impressive gains, ultimately reflected in improved economic confidence, Americans may not reward him with higher approval."

In a related Gallup poll, Joy Wilke writes "more nonwhites than whites say jobs the top issue" in the United States, but "whites and  nonwhites differ in perceptions of most important problems."

At Breitbart's Big Government, Wynton Hall writes about the president's economic speaking tour, and cites the first Gallup poll above. Hall concludes, "Two months of presidential rhetoric, however, have not stopped Americans' impressions of Obama's economic performance from falling even further."

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