Megan Thee-Brenan compares Americans’ views on the economy to Obama’s approval ratings:
The economy outpaced all other issues in importance to voters in a New York Times/CBS News poll in mid-September, and 44 percent of Americans rated the economy as good. This marked the highest positive reading since 2007. Even as Americans are feeling better about the economy, they decline to credit the president with its improvement. The Times/CBS News poll found 53 percent of Americans disapproved of Mr. Obama’s handling of the economy, and his overall job approval rating was under water, with 40 percent approving and 50 percent disapproving.
How
Paul Waldman explains this disconnect:
[D]espite the healthy job growth, incomes aren’t rising.
A good economy isn’t just one where you’ve got a job, it’s one where you’ve got a job and you’re being paid what you’re worth. The income benefits of the recovery have all gone to the top. Millions of people are also still digging themselves out of the holes they got into during the Great Recession, whether it was foreclosure, credit card debt, or what have you. Even if you now have a reasonably good job, if you lost your home and cashed out your 401K on the way, it isn’t like things are looking spectacular.
And so they blame Obama, who saved the country from Depression, and are going to install the Republican Party, who promises to give even more of their money to the wealthy, and whose policies make another Depression likely.
No one ever said the American voter was particularly smart.