Friday, June 12, 2009

While FOX is hating on Obama, their poll shows the public DO NOT

The heads are EXPLODING at FOX...

Most Americans are unhappy with the actions the federal government has taken with General Motors, and people are uncertain about GM's future — even with the government's help, according to a FOX News poll released Thursday.

Considering economic conditions overall, most people say things haven't been this bad since the Great Depression. Views are split, however, over whether the economy is getting better or worse.

President Barack Obama continues to enjoy high job approval ratings — 62 percent of Americans approve and 31 percent disapprove. Last month 60 percent approved and 30 percent disapproved (May 12-13, 2009). Obama's average approval since taking office is 61 percent.

Full breakdown and tabs, here.

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As far as General Motors goes, I wonder if the pollsters would have gotten a different result if they had asked people whether they would have preferred to have General Motors liquidated rather than majority-owned by the government for the time being. That really was the only alternative. GM was insolvent and could not stay in business without the drastic restructuring made possible by chapter 11 and government loans (now equity). I doubt that most people really would have preferred to see General Motors disappear, and this country left with Ford as the only remaining US auto manufacturer. I mean, Germany has four auto manufacturers, and so does Japan. The US simply could not let GM die. The cost of doing that would have been simply unbearable.
Sounds like the approval numbers GWB had in his first term. According to Gallup, GWB had a 62.2 percent approval rating in the first term. http://www.gallup.com/poll/116677/presidential-ap...

Nothing new for a new President. History will tell - especially in 2010 elections - if the high approval rating means anything.

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