Obama Approval Slips Down to 50%
Loses big edge over GOP on economy
By Matt Cantor, Newser User
Posted Mar 13, 2013 12:50 PM CDT
President Barack Obama announces in the East Room of the White House in Washington, Monday, March 4, 2013, he will nominate, Gina McCarthy to head the EPA; MIT physics professor Ernest Moniz for Energy...   (AP Photo/Carolyn Kaster)

(Newser) – Before his second inauguration, President Obama enjoyed a 55% approval rating—but thanks to concerns over the economy, the figure has dropped again to 50%, a Washington Post-ABC News poll finds. Following Obama's reelection, Americans trusted him over congressional Republicans on the economy by 18 points; now the gap is just four points in Obama's favor, 44% to 40%, the Post reports.

Obama's 50% mark puts him behind most modern presidents at this moment in their second terms—with the exception of George W. Bush, who also had a 50% approval rating. As for the sequester, a slight majority opposes it, but some three-quarters say it hasn't had an effect on them. On the other hand, most believe it will eventually hurt the economy. Some 47% say congressional Republicans are to blame for it, while 33% say Obama is to blame. But 68% say they want the two sides to cooperate to end the cuts. Click through for more from the poll.

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Mar 14, 2013 10:26 AM CDT
the chicken little approach did not work Obama will have to eventually start to negotiate a budget solution, instead of flying around in Air force One crying the Sky is falling!
Mar 14, 2013 8:54 AM CDT
Of course the sequester will hurt the economy. The point of the sequester was to hurt the economy, so that the lawmakers would be forced to act. Unfortunately, seriously screwing over those who need help the most, many who are in this position because of crap politicians, are just a risk that these well fed a-holes are willing to take. In a way, I'm surprised there's not rioting in the streets. Why in the world are we punishing our troops and disabled, yet the politicians who are DIRECTLY responsible are keeping their pay and benefits intact? Oh, that's right, because they make the laws...HOORAY "DEMOCRACY".
Mar 14, 2013 3:27 AM CDT
Was this before or after he let all the illegals out of jail?