Wednesday, April 21, 2010

Bush Still Gets More Blame for Economy Than Obama

PRINCETON, NJ -- More than a year into Barack Obama's presidency, Americans are more likely to say George W. Bush is responsible for today's economic problems than they are to say Obama is responsible.

Gallup shows a significant uptick since last July in the percentage of Americans blaming Obama at least a moderate amount (from 32% to 50%), but little decrease (from 80% to 75%) in the percentage blaming Bush.

Obama will accumulate more responsibility for the nation's economy every day he's in office. That could bear down increasingly hard on his approval rating if unemployment continues to hold at or near 10% and consumer attitudes remain negative.

However, the big upside is that should the economy rebound on his watch -- and recent Gallup tracking has some signs of a "nascent" recovery -- Obama will receive much of the credit.

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