Shiny object August

Breaking news out of Washington DC: there’s a huge disconnect between those in charge and the people on the economy!

President Obama says we are heading in the right direction; contrast this, however, with this week’s AP-GfK poll, which shows that 60% of Americans think the country is moving in the wrong direction. Unfortunately, the President’s latest statement merely reinforces the perception that the administration is out of touch.

This month’s Politico poll, conducted by Penn Schoen Berland, also shows that DC elites are out of touch (again); 32% of the general population believes that the economy is on the right track, a full 14 points lower than elites (46%). In addition, 56% of DC elites think stimulus has helped, while only 40% of the public agrees with that assessment.

Case in point: while the President’s focusing on issues like the mosque and green energy, the American people are worried about the economy. The AP poll showed that the economy is extremely important or very important to them personally to 91% of the population. Alas, 81% describe the economy as poor/ very poor – so it’s not surprising that 56% disapprove of the President’s performance on the economy, while only 41% approve.

And let’s be honest, the American people are right to be worried. GDP growth rates are slow – 2.4% in the 2nd quarter of 2010, down from 3.7% in the 1st quarter – while unemployment is at 9.5% and underemployment remains high. In addition, bankruptcies are at a 5-year high. We’ve hit bottom – but if taxes go up in 2011 (independent of the tax hikes included in the health care bill), the bottom will fall out.

This does not bode well for Democrats in November; the generic ballots from Gallup, Rasmussen, and a number of other polls have Republicans up, and barring any major catastrophes or implosions in the next several months, that’s the outcome we’re going to see.

However, Republicans still need to articulate a positive agenda to give people a reason to vote for them – not just “throw the bums out” – or they won’t have a mandate to govern come January.

Bay Area News

Just Posted

Danielle Baskin, right, and friends hung a Halloween store banner on the sign of a mostly empty tech campus on Monday as a prank. (Photo courtesy Vincent Woo)
‘BOOgle!’ Pranksers wrap Google’s SF office park in ‘Spirit Halloween’ signage

The goof says it all about The City’s empty tech campuses

Alison Collins, a member of the San Francisco Unified School District Board of Education, listens during a board meeting. (Kevin N. Hume/S.F. Examiner)
Alison Collins speaks: Embattled SF school board member confronts the recall effort

‘It’s important for folks to know what this recall is about. It’s bigger than any one of us.’

Passengers board a BART train at Powell Street station on Friday, Oct. 23, 2020. (Kevin N. Hume/S.F. Examiner)
Powell Station death serves as a grim reminder. BART doors don’t stop for anyone

What you need to know about safety sensors on the trains

Is the Black Cat affair a distraction from the recovery of The City’s storied nightlife industry or does Mayor Breed’s behavior inadvertently highlight the predicament the industry’s been in since San Francisco reinstated indoor mask requirements on Aug. 20? (Kevin N. Hume/The Examiner, 2021)
Mayor Breed mask controversy highlights nightlife businesses’ plight

‘It’s what all the venues and bars are living every single day’

If he secured a full term in the Senate, Newsom would become the most powerful Californian Democrat since Phil Burton at the height of his career, or maybe ever. <ins>(Kevin Hume/The Examiner)</ins>

Most Read