Analysis: President Obama Has Lost Advantage Over Republicans On The Economy

by Colonel on March 23, 2013

“During the debate over the so-called fiscal cliff in December, public opinion surveys showed more Americans trusted President Obama than trusted Republicans in Congress when it came to handling the nation’s economy. The New Year’s Day deal to avoid going over the cliff, which included higher marginal tax rates on high earners. …

But with more budget battles approaching, over raising the nation’s borrowing limit and perhaps reaching a grand bargain, Mr. Obama’s advantage over Congressional Republicans has all but vanished. …

In December 2012 and January 2013, polls found that roughly half of Americans had more faith in Mr. Obama’s economic stewardship, while just over a third of respondents said they had more faith in the economic stewardship of Congressional Republicans. Since December, however, Mr. Obama’s standing has declined by roughly 10 percentage points, while Republicans in Congress have gained 4 or 5 percentage points.

” — Micah Cohen, Copyright 2013 The New York Times Company

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