Featured Research

AMERICAN VOTERS ARE WORRIED ABOUT THE ECONOMY, SKEPTICAL OF OBAMA’S ECONOMIC PLAN

May 10, 2012
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Six months before election day, electoral fundamentals favor Republicans according to the latest Resurgent Republic national survey of 1000 registered voters conducted April 30-May 3, 2012. Following are key highlights pertaining to voters’ opinion of the economy.




Read the full report: Electoral Fundamentals Favor Republicans in 2012




  1. Almost three-fourths of voters think we are still in a recession. Voters say America is still in a recession by 72 to 24 percent. Agreement crosses partisan lines, with 84 percent of Republicans, 75 percent of Independents, and 59 percent of Democrats saying the country is still in a recession.


  2. Three-fourths of voters say their family's financial situation is no better off than four years ago. Thirty-nine percent of voters say they are worse off, 36 percent say they are about the same, and only 25 percent say they are better off than four years ago. When three-quarters of American voters say they are no better off than when President Obama took office, it creates a high hill for him to climb for reelection.


  3. Seventy percent say the economy is staying the same or getting worse. A majority – 51 percent--says the economy is staying the same, including 56 percent of Republicans and 55 percent of Independents, while 19 percent say it is getting worse. Only 30 percent say it is getting better, and that number is driven by Democrats – 48 percent of Democrats say the economy is getting better, but only 25 percent of Independents and 15 percent of Republicans agree.


  4. Three-fifths of voters still think the country is off on the wrong track. Sixty percent think America is off on the wrong track, and only 33 percent think it is going the right direction. Overwhelming majorities of Republicans (86 percent) and Independents (69 percent) think the country is on the wrong track. Only Democrats (by 59 to 31 percent) think the country is going the right direction.


  5. A solid majority of Americans thinks President Obama's economic plan is not working, and "we need to try something else." Voters were asked to choose between two statements:


    Congressman A says President Obama's economic plan is working and we need to stay the course. Unemployment is going down, more jobs are being created, we've taken steps to reduce the deficit, and economic conditions are improving for most of the country.


    Congressman B says President Obama's economic plan is not working and we need to try something else. Unemployment remains at record levels, job creation is poor, federal spending is out of control, and much of the country is still in recession.


    By 55 to 40 percent, voters say the President's plan is not working and we need to try something else. Independents agree with Republicans that the plan is not working – 63 to 32 percent and 87 to 10 percent respectively. Only Democrats think the plan is working, by 76 to 19 percent.





  6. Economic issues like jobs and unemployment remain the overwhelming concern of voters, followed by fiscal issues like taxes, spending, deficits, and debt. Economic issues dominate among all three partisan groups: 46 percent for Republicans, 53 percent for Independents, and 62 percent for Democrats. Fiscal issues form a strong second tier, especially for Republicans at 29 percent and Independents at 24 percent. Social issues like abortion and gay marriage come in third at 13 percent, followed by national security issues at 6 percent.





  7. Voters continue to rate the President's handling of the economy negatively.

    While President Obama's overall job approval is barely in positive territory at 50 percent approve/46 percent disapprove, his rating on handling the economy is a mirror image: 46 percent approve and 50 percent disapprove. While Democrats overwhelmingly approve of his handling of the economy by 84 to 13 percent, Republicans and Independents overwhelmingly disapprove by 86 to 13 percent and 59 to 38 percent respectively.





Read the full report: Electoral Fundamentals Favor Republicans in 2012




 

Filed under: Free Market Economy, Polling Analysis, and Obama Approval Rating