6-04-09, 3:38 pm

For Immediate Release Center for Working-class Studies at Youngstown State University Wednesday, June 3, 2009 Contact: Dr. John Russo, 330-941-2976 *

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Initial Center for Working-Class Studies online survey pegs Obama approval rating in high 80s despite pessimism about economy and uneasiness about the future

President Barack Obama received a resounding round of applause in the initial online public opinion survey conducted by the Center for Working-class Studies (CWCS) at Youngstown State University. According to the survey, 52.6% of the 891 respondents strongly approve and 35% approve of the President’s job performance during his first 100 days in office. Mirroring their approval of the President’s job performance, 73% said they believe the country is moving in the right direction.

That figure stands in stark contrast to the 92% who believe the national economy is bad or very bad and shows no signs of recovering quickly. When asked how long they expected the current recession to last, 35% said one year and 26% said the downturn would continue for two years. Only nine percent said they believed the economy would recover in the next six months.

Working-class respondents—defined as those between the ages of 30 and 60 with annual incomes of $10,000 to $50,000 who lack college degrees—also gave the President an 87% approval rating, although a slightly smaller number, 46%, strongly approve of his performance. Seventy four percent of this group believes the country is moving in the right direction.

Those positive numbers contrast with the 94% of working-class respondents who said the economy is bad or very bad. And this group is even more pessimistic about the prospects for a speedy recovery. More than 78% said they believe the recession will last one year or more with more than 46% saying it will last for two years or longer. Only six percent say they see light at the end of the economic tunnel this year.

The dichotomy between respondent’s view of the President’s performance and their concerns about the economy are underscored by their uncertainty about whether the administration’s stimulus plan will be effective. While 42% said they are confident the stimulus proposals will work, 44% said they are only somewhat confident and 14% said they are not confident at all.Working-class respondents were slightly more optimistic with 48% expressing confidence in the President’s plan, 38% saying they were somewhat confident, and 13% saying they were not confident at all that the stimulus package would turn the economy around.

Dr. John Russo, co-director of the CWCS, said he believes the contrast between the respondent’s optimism about the president and their pessimism about the state of the economy and its future can be explained by a number of factors.

“First of all, the President is clearly in a honeymoon period. The people who voted for him, and that includes 85% of the respondents who revealed their choice when asked, are confident he can lead the nation out of the economic morass he inherited,” Dr. Russo said. “And, to a lesser extent, they, like all voters, are loath to admit that they may have made a mistake last November, so they are willing to give him the benefit of the doubt for the foreseeable future.”

“At the same time, they cannot ignore the economic conditions that surround them. Chrysler’s filed bankruptcy and GM is about to do so. The value of existing homes continues to erode, jobs are hard to find, gas prices are rising, the stock market’s falling, and despite all the talk about stimulus the economy appears to be stuck in neutral at best,” Dr. Russo said. “So while people remain hopeful that the President’s plan will work, they’re also very worried about the future.”

That uncertainty about the future is underscored by the responses offered when people were asked whether or not they believe their children will enjoy a higher standard of living in the years ahead. Among all respondents 35% believed their children’s standard of living would be somewhat or much better than theirs while 41% believed it would be somewhat or much worse and 24% believed it would be the same. Members of the working class hold a somewhat brighter view. Forty-eight percent believe their children will do better, 42% believe they will do worse and seven percent believe their children’s standard of living will be about the same as theirs.

In any case, these results are consistent with those derived from a wide range of surveys that clearly show a growing erosion in one of the core American beliefs: that things would always be better for future generations. Whether President Obama can reverse this troubling trend will be one of the primary benchmarks for success that his administration must meet over the next three and one-half years.

The CWCS survey also revealed that respondents approve of the President’s plans to bail out the troubled domestic automobile industry by a margin of 75% to 21%. The results stand in stark contrast to those released by Rasmussen this week in which 67% of those polled oppose aid to GM while only 21% approve.

According to Dr. Russo the CWCS results clearly demonstrate that the President’s supporters want the government to take the steps necessary to help GM survive. “A number of Republicans and conservative pundits believe that GM may become President Obama’s Iraq,” Dr. Russo said. “They believe that Mr. Obama’s popularity will begin to slip when the American people grow weary of throwing money at a hopeless cause, just as President Bush was dragged down by the war.

But our survey shows that an overwhelming majority of those who believe in Mr. Obama are willing to give him the time needed to save the company and the tens of thousands of jobs it provides in Ohio and across the country.”

Following is a synopsis of other key results:

*President Obama *

85% approve of his handling of foreign policy. 11% disapprove. 82% approve of his handling of the economy. 15% disapprove. 81% approve of his handling of the situation in Iraq. 13% disapprove. 60% approve of his plans to deploy additional troops in Afghanistan with only 19% strongly approving the strategy. 31% disapprove. 78% trust him to deal with the country’s economic crisis. 43% believe big business and Wall Street have too much influence over the Obama Administration.

*Congress*

58% approve of Congress’ performance, but only 4% strongly approve. 33% disapprove. Only 6% trust Congress to deal with the economic crisis. 93% believe big business and Wall Street have too much influence over Congressional Republicans. 78% believe the same about Congressional Democrats.

When asked to name the three most important issues facing the nation today respondents chose the following:

The economy 73% Health care 67% Jobs 47%

89% approve of President Obama’s plan to roll back the Bush tax cuts for the wealthy. 48% approve of the banking bailout, with only 4% strongly approving. 45% disapprove. 75% approve of the auto industry bailout. 21% disapprove. 76% believe the federal government should spend money to stimulate the economy. 18.3% say the money should be used to reduce the deficit and national debt.