The Obama Index: Slipping
Mar 16, 2009 6 Comments ›› Pat Dollard
Daily Presidential Tracking Poll
Monday, March 16, 2009
The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 36% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-two percent (32%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +4, his lowest rating to date.
These figures come as consumer and investor confidence has bounced back from recent lows. Consumer confidence is near its highest level since November while investor confidence has increased for seven straight days. The President’s more upbeat tone may have a lot to do with the increased confidence. Democrats are now more likely to invest in the stock market, but the preferences of other investors have not changed over the past week.
American workers are far more likely to belong to the investor class than a union. Just 9% of non-union workers would like to join a union.
This is the tenth straight day that the President’s Approval Index rating has been in single digits. Previously, the rating had slipped to single digits just once. Sixty percent (60%) of Republicans now Strongly Disapprove while 65% of Democrats Strongly Approve.
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. Updates also available on Twitter.
Overall, 56% of voters say they at least somewhat approve of the President’s performance so far while 43% disapprove. During March, the President’s overall approval on a daily basis has ranged from 56% to 60%. During February, the range was from 57% to 62%. In January, the range was from 60% to 65%.
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