It seems that Obama's economic gaffs may be costing him some of his hard won popularity. In the words of the Comic Book Store Guy from the Simpsons: Worst First 50 Days Evar!
Overall, Rasmussen Reports shows a 56%-43% approval, with a third strongly disapproving of the president's performance. This is a substantial degree of polarization so early in the administration. Mr. Obama has lost virtually all of his Republican support and a good part of his Independent support, and the trend is decidedly negative.
I am certainly heartened by this next number because I think Obama's budget is one of the worst things he has done in his first 50 days. With his dismissive comments about the stock market being a close second.
Rasmussen data shows that people now actually oppose Mr. Obama's budget, 46% to 41%. Three-quarters take this position because it will lead to too much spending. And by 2-to-1, voters reject House Speaker Nancy Pelosi's call for a second stimulus package.
Also the feeling that the home mortgage bailout will actually help irresponsible people (ie the Santellistas) are now in the majority as well. Who knew that many Americans don't want to pay for some other guys mortgage?
While over two-thirds support the plan to help homeowners refinance their mortgage, a 48%-36% plurality said that it will unfairly benefit those who have been irresponsible, echoing Rick Santelli's call to arms on CNBC.