June 18, 2010
The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 25% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-six percent (46%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -21 (see trends).
These results are based upon nightly telephone interviews and reported on a three-day rolling average basis. As a result, more than two-thirds of the interviews for today’s update were conducted after the president’s speech to the nation. Tomorrow’s update will be the first based entirely upon interviews conducted after the speech.
The Presidential Approval Index is calculated by subtracting the number who Strongly Disapprove from the number who Strongly Approve. It is updated daily at 9:30 a.m. Eastern (sign up for free daily e-mail update). Updates are also available on Twitter and Facebook.
Overall, 41% of voters say they at least somewhat approve of the president’s performance. That’s the lowest level of approval yet recorded for this president. Fifty-eight percent (58%) now disapprove.
June 9, 2010
At the current rate of spending, the U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.
The report that was sent to lawmakers Friday night with no fanfare said the ratio of debt to the gross domestic product would rise to 102 percent by 2015 from 93 percent this year.
The U.S. debt has grown rapidly with the economic downturn and government spending for the Wall Street bailout, the wars in Afghanistan and Iraq and the economic stimulus. The rising debt is contributing to voter unrest ahead of the November congressional elections in which Republicans hope to regain control of Congress.
June 4, 2010
Amazingly, the city of Philadelphia is now running ads featuring a photo of Obama with the caption, “President Obama got food stamps as a kid — and look where he is now.”
I guess you can file that in your “it sure feels good to be a victim” file.
But I don’t think anyone has gone out and interviewed the 40-plus million Americans now on food stamps, and asked them if they thought this was a sign of great things to come.
One in Every 8 Americans Now on Food Stamps
The number of Americans receiving food stamps in March topped 40 million for the first time as the jobless rate hovered near a 26-year high.
Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases totaled 40.2 million, up 21% from a year earlier and 1.2% more than in February, the Department of Agriculture said yesterday in a statement on its website. The number of recipients has set records for 16 straight months. [Hmmm…that’s how long Obama’s been president! Sheer coincidence, of course. -Ed.]
Food aid climbed as the unemployment rate stayed at 9.7% in March for a third straight month, near levels last seen in 1983, according to the Bureau of Labor Statistics. The rate rose to 9.9% in April. Jobless numbers for May will be released tomorrow.
An average of 40.5 million people, more than an eighth of the population, will get food stamps each month in the year that began Oct. 1, according to White House estimates. The figure is projected to rise to 43.3 million in 2011.
June 3, 2010
The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.
Calculated down to the exact penny, the debt totaled $13,050,826,460,886.97 as of Tuesday, leaping nearly $60 billion since Friday, the previous day for which figures were released.
At $13 trillion, that figure has risen by $2.4 trillion in about 500 days since President Obama took office, or an average of $4.9 billion a day. That’s almost three times the daily average of $1.7 billion under the previous administration.