The fact that the most high-profile administration efforts went to save banks instead of homeowners probably didn't help. People all over the country are barely hanging on, and it will take something like a successful health care plan - or another stimulus package - to win back their confidence:
July 7 (Bloomberg) -- A new poll found that President Barack Obama’s approval rating has dropped by 13 percentage points from two months ago in Ohio, traditionally a critical swing state in presidential elections.
The survey by Quinnipiac University released today showed 49 percent of Ohio voters approved of Obama’s job performance, down from 62 percent in a May 6 poll. The disapproval figure for Obama in the new poll was 44 percent, up from 31 percent in the May survey.
The pollsters termed Obama’s ratings “lackluster” in a release, and said the numbers were his lowest marks “in any national or statewide Quinnipiac University poll since he was inaugurated.”
The White House announced late today that Vice President Joe Biden will travel to Cincinnati on July 9, where he will tout progress being made by the $787 billion economic stimulus Measure passed in February.
“The economy in Ohio is as bad as anywhere in America,” said Peter Brown, assistant director of the Quinnipiac University Polling Institute. The poll numbers “indicate that for the first time voters have decided that President Barack Obama bears some responsibility for their problems.”
Maybe this is why Obama economic adviser Laura Tyson said this yesterday:
"We should be planning on a contingency basis for a second round of stimulus. ... The stimulus is performing close to expectations but not in timing." Reuters: "Addressing a seminar in Singapore, Tyson said she felt the first round of stimulus aimed to prop up the economy had been slightly smaller than she would have liked and that a possible second round should be directed at infrastructure investment."
Also, Biden will head to Ohio Thursday to talk up the stimulus plan.