Gallup: Approval of Obama's Economic Policy Down 7 Points Since June
But a new Gallup Poll indicates the effort isn't doing him any good.
The president's approval rating on the economy now stands at 35 percent, down seven percentage points from June's 42 percent.
In fact, Gallup found that on seven specific issues, including the economy, Obama's approval rating dropped between June and August, as shown below:
June vs. August Approval Rating by Issue:
Economy 42 (June) 35 (Aug.) -7
Taxes 41 36 -5
Budget Deficit 31 26 -5
Terrorism 53 50 -3
Foreign Affairs 43 40 -3
Immigration 40 39 -1
Healthcare policy 40 39 -1
During the same period, Obama's overall approval rating was down three points, from 47 percent in June to 44 percent in August.
Gallup notes that while Obama's rating on the economy is down from its June level --and on the low end of the range Gallup has recorded since 2012 -- it is still better than the 26 percent recorded in the summer of 2011, when the president and congressional Republicans were battling over a hike in the federal debt ceiling.
A similar fight is expected in September, when Congress returns from its August recess.
Gallup's conclusion: "It may be summer, but Americans are not all smiles and sunshine, at least when it comes to their ratings of Washington leaders. Gallup's August polling finds Americans' scant approval of Congress remaining low at 14% this month, while their satisfaction with the direction of the country slipped six points to 22%, the lowest since March. In this context," Gallup says, "it is not surprising that Obama's overall job approval rating is at a low ebb for the year."
The polling firm says Obama's rating on the economy shows he is right to be focusing on that issue: "But until the economy makes more impressive gains, ultimately reflected in improved economic confidence, Americans may not reward him with higher approval."
Gallup's Work and Education survey was conducted Aug. 7-11. Results are based on telephone interviews with a random sample of 2,059 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia. The sampling error is plus or minus 3 percentage points.