Disgust with the economy is at its all-time high in President Barack Obama’s term, with an astounding 90 percent of Americans calling economic conditions in the United States dismal in a new poll.
Just 10 percent of those surveyed in a CNN/ORC International Poll released Friday said they rate economic conditions in the U.S. as good. The 90 percent saying the economy is poor is the worst figure of Obama’s presidency, up 9 percent from the 81 percent who told pollsters the same in June.
Since 1997, the percentage of Americans saying economic conditions are poor has been higher just once before — in December 2008, just before Obama took office.
In the August jobs report released Sept. 2, bleak figures abounded for Obama’s 2012 reelection bid — the unemployment rate remains stuck at 9.1 percent, and the economy did not add any net jobs that month.
But more Americans still blame President George W. Bush for the economic conditions in the country today, with 52 percent saying Bush and the Republicans are responsible, while 32 percent lay the blame on Obama and the Democrats.
The poll also surveyed Americans on their opinion of Federal Reserve Chairman Ben Bernanke and billionaire investor Warren Buffett. Buffett — the third wealthiest man in the world with a net worth of about $80 billion, and an Obama supporter — is the more well-known and popular of the two, with 43 percent of Americans saying they hold a favorable opinion of him. A third of those polled said they are unsure of their opinion, while 24 percent view him unfavorably.
Just 42 percent of Americans polled said they even have an opinion of Bernanke — of those who do, 28 percent say they view him favorably, while 30 percent say they have an unfavorable opinion of the Fed chairman.
The poll was conducted from Sept. 23-25 and surveyed 1,010 adults. The margin of error is plus or minus 3 percentage points.
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