This is a seriously big problem for Obama and 2012. Not that Romney or any of the Republicans have a great story but for them, they are not Obama. Romney may have one of the worst backgrounds for troubled times - a VC guy who profited while throwing workers out on the street - but some could ignore that and only focus on his slick sales pitch that he knows how to run a business. Obama is going to have to dig in a fight to change the current dynamics but we have not seen much of that since the 2008 campaign. Bloomberg:
Fewer than a quarter of people see signs of improvement in the economy, and two-thirds say they believe the country is on the wrong track overall, according to a Bloomberg National Poll conducted June 17-20.
“Gas prices are higher, grocery prices are higher, transportation prices are higher,” says poll respondent Ronda Brockway, 54, an insurance company manager and political independent who lives in a suburb of Harrisburg, Pennsylvania. “The jobs situation nationwide is very poor.”
By a 44 percent to 34 percent margin, Americans say they believe they are worse off than when President Barack Obama took office in early 2009, when the U.S. was in the depths of a recession compounded by the September 2008 financial crisis and the economy was losing as many as 820,000 jobs a month.
