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As Support for Obama and Coal Erode, This Asset Is a Safer Investment

102 views  2013-07-03 00:49   TagsInvestment 

Since last week, four polls have come out showing that President Barack Obama’s job approval rating is falling hard after several scandals. While Obama remains popular with Democrats and has always been unpopular with Republicans, he’s now losing serious support with Independent voters.

Rasmussen Reports announced that Obama’s approval rating slipped to 53%; in The Economist Obama had a disapproval rating of 52%; while Fox News reports that Obama’s disapproval rating has risen to 51%. President Obama’s best showing came from Gallup, in which his approval rating and disapproval rating were tied (factoring in the margin of error) at 46%.

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It gets worse for Obama. According to a recent Washington Post/ABC poll, even George W. Bush is more popular than Obama: 47% of Americans now approve of the way Bush handled his job while in the Oval Office.

American voters are unhappy with Obama’s handling of the deficit, the economy, gun control, health care, immigration, and foreign affairs. And that doesn’t even take into account the number of more recent scandals that have plagued the White House.

Voters who think President Obama is untrustworthy are also unhappy with the way he handled the National Security Agency’s massive collection of personal phone and Internet records, the Internal Revenue Service (IRS) improperly targeting conservative and pro-Israeli groups, and the seizure of journalists’ phone records.

Continue Reading: As Support for Obama and Coal Erode, This Asset Is a Safer Investment

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