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June 19, 2009

Economy, bailouts take slight toll on Obama’s approval rating

Filed under: Articles and News

In two polls, 63% and 56% of those surveyed said the president is doing a good job. But nearly 70% in one survey were concerned about government intervention in the auto industry.

Reporting from Washington — Some of the most acute problems that President Obama confronts, including a struggling economy and mounting federal deficit, appear to be taking a moderate toll on his still-strong public approval after nearly five months in office, two new public opinion polls suggest.

One, a survey conducted for the New York Times and CBS News, found that a solid majority of Americans believed that Obama had not developed a strategy for dealing with runaway budget deficits.

The second, conducted for the Wall Street Journal and NBC News, found that the president faces challenges on several fronts, including increasing public concern about federal spending and the bailout of ailing automotive companies. A majority also voiced disapproval of Obama’s determination to close within a year the prison at Guantanamo Bay, Cuba.

Taken together, these surveys suggest that Obama faces a limited amount of time to convince the public that he is taking the right courses and a finite period before the problems that he inherited become identified as his own political liabilities.

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