Poll: Voters Fear New Depression
President Barack Obama's overall approval rating has dropped below 50 percent as a growing number of Americans worry that the U.S. is likely to slip into another Great Depression within the next 12 months, according to a new national poll.
A CNN/Opinion Research Corporation poll released Wednesday also indicate that the economy overall remains issue number one to voters, with other economic issues - unemployment, gas prices and the federal deficit - taking three of the remaining four spots in the top five.
Read the full results (pdf).
Forty-eight percent of people questioned say they approve of how the president is handling his duties in the White House, down six points from late May. An equal 48 percent say they disapprove of how Obama's performing, up three points from late last month.The poll indicates a slight deterioration among Democrats and independent voters, with the president's approval rating among Democrats down three points to 82 percent and down five points among independents to 42 percent.
"But far and away his biggest drop has come among Republicans. In May, over a quarter approved of President Obama's handling of his job, but that is down to 14 percent now, a clear indication that any advantage he gained from taking out Osama bin Laden has faded with time," says CNN Polling Director Keating Holland.
According to the survey Obama's strength remains his personal appeal: Three-quarters of all Americans say they approve of him personally, including a plurality of Republicans. But positive views of the president's personality may be trumped by economic jitters.