By Alan Caruba February 2, 2015 @ Warning Signs
It is one of the great mysteries. How does Barack Obama continue to generate job approval ratings that say he’s doing a good one?
On a recent weekend Rasmussen Reports rated him at 51% while Gallup gave him a 49% rating. At the Pew Research Center, his rating was at 47%, but they noted that at this time in his presidency, George W. Bush had a job approval rating of 33% while Bill Clinton was rated at 63% approval.
Of course, Bush and Clinton were President at different times dealing with different factors but metaphorically Obama’s ratings suggest that close to half of the voters polled still thought he was doing a good job or, at the very least, not a bad one.
Are the voters that are being polled simply not paying that much attention to the White House and its occupant?
Consider some aspects of his record in office to date:
As 2014 came to a close, Tyler Durden, writing on Zero Hedge, addressed the U.S. debt, noting that it had “just hit a new historic level…which also means that total U.S. debt had increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.”
The level of debt led to the first downgrade of the U.S. credit rating in the nation’s history. At the same time federal spending (25% of Gross Domestic Product) was the highest since World War II.
Obama has presided over a terrible economy for the past six years and, while other Presidents came into office facing a comparable recession, Obama’s failed policies turned it into the Great Recession. Employment sank to the lowest since 1983 at 58.1% of the working population and long-term unemployment (45.9%) was the highest since the 1930s.
One might think that so many people either out of work or who had given up seeking it would be unhappy enough to credit Obama with the economy’s sluggish state. He is currently taking credit for any improvement, but much of it is attributable to the energy sector and he has taken steps to harm it since 2009 with “a war on coal”, restricting any exploration or drilling for oil and natural gas on federal lands, and most recently, attempting to put one of the most energy-rich regions of Alaska off-limits to any access.