Poll: Obama’s approval rating on economy drops to 35 percent

A new poll finds President Obama’s approval rating on the economy dropping to 35 percent, even as he travels across the country delivering policy speeches and pushing proposals to boost job growth and investment.

The survey from Gallup, released Thursday, finds a 7-point drop in support for Obama’s handling of economic issues, down from 42 percent in June. 

{mosads}His rating on taxes and the deficit also dropped 5 points from last month’s poll. Thirty-six percent approve of Obama’s handling of tax issues, and 26 percent approve of his approach to the deficit.

Gallup noted that Obama’s ratings on the economy fell alongside a slide in Americans’ overall economic confidence over the same period. 

The president’s overall approval dropped 3 points to 44 percent. 

The poll numbers come as Obama pushes lawmakers to enact his proposals on the economy with a number of campaign-style events around the nation, and ahead of key budget battles with Republicans this fall.

The president embarked on his economic tour last month at Knox College in Illinois, where he argued his policies had helped the nation rebound from the recession and touted proposals he said would help strengthen middle class families.

During a visit to Phoenix, the president talked about housing prices and efforts to boost home ownership. 

This week, the White House announced it would continue its push through the East Coast after his weeklong vacation in Martha’s Vineyard.

Obama will take a two-day bus tour through New York and Pennsylvania and offer proposals to lower costs for higher education. 

“The president will lay out some ideas he has about other things we can do to make sure that there is an access to a quality college education beyond just making sure student have the resources they need to borrow the money to afford it,” White House spokesman Josh Earnest said Wednesday. 

The administration’s new economic drive also comes as the federal government faces two key fiscal deadlines later this fall. Lawmakers must pass a measure to continue funding the government after Sept. 30 and raise the nation’s debt ceiling in November. 

The Gallup survey polled 2,059 adults and contains a 3-point margin of error.


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