Most American voters worry about economy

October 1st, 2008 - 1:23 pm ICT by ANI  

Barack Obama

Washington, Oct 1 (ANI): American voters are deeply divided over the terms of the governments 700 billion dollar economic rescue package but overwhelmingly fear that the House of Representatives rejection of the measure on Monday could deepen the countrys financial woes.

A majority of voters see the turmoil in financial and credit markets as an economic crisis, and are guarded in their confidence that government action will resolve the situation and remain deeply pessimistic about the direction of the nations economy, according to the latest Washington Post-ABC News poll.

Fluctuations on Wall Street continue to roil the presidential contest between Barack Obama and John McCain, the poll shows, with the economy still by far the dominant issue among voters with just five weeks to go before Election Day.

Negativity about the countrys financial prospects continues to lift Obama, but he now has a narrower advantage over McCain in Post-ABC polling than he did last week.

Overall, Obama holds a slim lead in the new national poll, with likely voters dividing 50 percent for Obama and 46 percent for McCain.

In the last poll, Obama led by a nine-point margin. At that time, McCain advisers sharply criticized the results as being out of step with other surveys.

The new survey began the night after the first presidential debate, held on Friday at the University of Mississippi, and while a plurality of voters said Obama performed better than McCain, 38 percent to 24 percent, large numbers said it was essentially a tie or expressed no opinion.

Contrary to their advisers hopes, the debate did not help either candidate deal with major vulnerabilities, in part because few voters said the performances changed their views.

Much of the debate dealt with foreign policy and national security, but Obama made no headway on the question of whether he would make a good commander in chief.

For McCain, a major hindrance has been his perceived ties to the deeply unpopular Republican president. Slightly more than half of voters, 53 percent, said they think the senator from Arizona would lead the country in the same direction as President Bush.

The connection with Bush is a growing problem, as the sagging economy has added to the drag on public assessments of the president.

Bushs approval rating has now dropped to an all-time low in Post-ABC polling, with 26 percent giving him positive marks for his performance and 70 percent giving him negative reviews. (ANI)

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