Obama's Poll Numbers Are Falling

It is simply wrong for commentators to continue to focus on President Barack Obama's high levels of popularity, and to conclude that these are indicative of high levels of public confidence in the work of his administration.

Indeed, a detailed look at recent survey data shows that the opposite is most likely true. The American people are coming to express increasingly significant doubts about his initiatives, and most likely support a different agenda and different policies from those that the Obama administration has advanced.

Polling data show that Obama's approval rating is dropping and is below where George W. Bush was in an analogous period in 2001. Rasmussen Reports data shows that Mr. Obama's net presidential approval rating. Which is calculated by subtracting the number who strongly disapprove from the number who strongly approve, is just six, his lowest rating to date.

Overall, Rasmussen Reports shows a 56%-43% approval, with a third strongly disapproving of the president's performance. This is a substantial degree of polarization so early in the administration. Obama has lost virtually all of his Republican support and a good part of his Independent support, and the trend is decidedly negative.

The reason for this decline most likely has to do with doubts about the administration's policies and their impact on peoples' lives.

Are people finally taking notice?

The 2010 budget document is on the OMB website.

While the Red Shed (formerly the Whitehouse) talks about deficit reduction as if there were some sort of 'savings' involved, you have to understand that deficits are being reduced by increasing taxes and not by reducing spending you will not be impressed either.

According to the budget document:

Gross Federal Deficit 2008 = $9.986 trillion (actual); increasing in 2009 to $12.704 trillion (est.); by 2013 $16.198 trillion (est).

In one budget year Obama will increases our national debt by 27%, and over four years by 62%, although I expect the real numbers will far exceed the estimated numbers, and Congress may throw more tax increases at the taxpayers as a result. I suppose I can understand China's 'concern' over holding so much US debt.

Paraphrasing the old saw that "the whippings will continue until morale improves" I do not expect that Harry Pelosi, Nancy Reid & DemSoc will be able to resist even more '$timulu$' for the government, just not for the economy.

Our grandkids are going to have to pay the bill when it comes due.

I wonder if they'll have to use Chinese Yuan to do it?