About a third of Americans, 35%, assign a high degree of blame to Bush
alone for current economic problems, about double the percentage blaming
solely Obama (19%). Another 34% blame both, while 11% say neither is
highly to blame.
While Bush has been out of office for four and a half years, the near
fiscal collapse that occurred on Wall Street at the tail end of his
presidency precipitated sharp declines in consumer attitudes about the
economy that only recently recovered to levels approaching what they
were previously. Underscoring this, just prior to Obama taking office in
December 2008, 60% of Americans described the situation as "the biggest
economic crisis the U.S. has faced" in their lifetimes.
The finding that most Americans continue to lay heavy blame on Bush for
today's economic problems may help explain why Obama's overall job
approval rating has consistently exceeded his approval rating on the
economy throughout his presidency, even while the economy has
consistently ranked as the nation's top problem. Most recently, 48% in
the June 20-24 Gallup survey approved of the overall job Obama is doing
as president, similar to the 46% who, in the same poll, said he bears
little to no blame for current economic conditions, but higher than the
42% who, in early June, said they approve of Obama's job performance on
the economy.
Americans' tendency to blame Bush more than Obama for the economy may
also shed light on Obama's historically high job approval premium vs.
U.S. satisfaction.
For much of his presidency, George W. Bush's overall job approval rating
also exceeded his rating on the economy. However, this can largely be
explained by the extended rally in his overall job approval rating
following the Sept. 11, 2011, terrorist attacks, followed by a decline
in his approval rating in 2005 and 2006, largely resulting from public
dissatisfaction with the Iraq War.
President Bill Clinton's job approval rating was more closely yoked with
his approval rating on the economy after his initial year in office.
This was true at least until public satisfaction with the economy rose
so high in 1998 that his overall job rating failed to keep up.
Bottom Line
Americans have long been unhappy with the economy,
and Obama's approval ratings for handling it have ranged from poor to
lackluster. However, weak approval ratings on the economy may not be
having as much bearing on his overall job approval rating as they would
otherwise because Americans are still largely holding his predecessor
responsible for the economy's problems.
The reason Americans still tend to blame Bush more than Obama for the
economy simply may be the severity of the 2008 economic crisis coupled
with Bush's unpopularity at the time. Alternatively, Obama's personal likeability could
be a factor, shielding him from blame. Regardless, these views have
persisted for four and a half years, even enduring the 2012 presidential
campaign when Republican candidate Mitt Romney attempted to argue that
the economy would have recovered by now if not for Obama's policies. As
such, it seems likely they will remain intact throughout Obama's
presidency, at least as long as consumer attitudes remain negative.
Survey Methods
Results for this Gallup poll are based on telephone interviews conducted
June 20-24, 2013, with a random sample of 2,048 adults, aged 18 and
older, living in all 50 U.S. states and the District of Columbia.
For results based on the total sample of national adults, one can say
with 95% confidence that the margin of sampling error is ±3 percentage
points.
Interviews are conducted with respondents on landline telephones and
cellular phones, with interviews conducted in Spanish for respondents
who are primarily Spanish-speaking. Each sample of national adults
includes a minimum quota of 50% cellphone respondents and 50% landline
respondents, with additional minimum quotas by region. Landline and cell
telephone numbers are selected using random-digit-dial methods.
Landline respondents are chosen at random within each household on the
basis of which member had the most recent birthday.
Samples are weighted to correct for unequal selection probability,
nonresponse, and double coverage of landline and cell users in the two
sampling frames. They are also weighted to match the national
demographics of gender, age, race, Hispanic ethnicity, education,
region, population density, and phone status (cellphone only/landline
only/both, and cellphone mostly). Demographic weighting targets are
based on the March 2012 Current Population Survey figures for the aged
18 and older U.S. population. Phone status targets are based on the
July-December 2011 National Health Interview Survey. Population density
targets are based on the 2010 census. All reported margins of sampling
error include the computed design effects for weighting.
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