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Monday, July 23, 2012

Info Post
The Obama Economic Insanity Continues
Today in Washington, D.C. - Aug. 23, 2012:
The House reconvened at Noon and is scheduled to take up some land exchange bills and bills naming buildings bills.

The Senate will reconvenes at 2 PM today. At 5 PM, the Senate will take up the nomination of Michael Shipp to be United States District Judge for the District of New Jersey. Following a half hour of debate, the Senate will vote on cloture on the Shipp nomination. Votes on proposals dealing with next year’s scheduled tax hikes are possible later this week.

The Hill writes today, “Two-thirds of likely voters say the weak economy is Washington’s fault, and more blame President Obama than anybody else, according to a new poll for The Hill. It found that 66 percent believe paltry job growth and slow economic recovery is the result of bad policy. Thirty-four percent say Obama is the most to blame, followed by 23 percent who say Congress is the culprit. . . . The results highlight the reelection challenge Obama faces amid dissatisfaction with his first-term performance on the economy. . . . The poll, conducted for The Hill by Pulse Opinion Research, found 53 percent of voters say Obama has taken the wrong actions and has slowed the economy down.”

And last week The New York Times reported, “Declining confidence in the nation’s economic prospects appears to be the most powerful force influencing voters as the presidential election gears up, undercutting key areas of support for President Obama . . . according to the latest New York Times/CBS News Poll. . . . In a reversal from the Times/CBS Poll in April, more Americans say they disapprove of the way Mr. Obama is handling his job, 46 percent, than say they approve of it, 44 percent, although the difference is within the poll’s margin of sampling error. . . . Asked which candidate they believed would do a better job handling the economy and unemployment, 49 percent said Mr. Romney, 41 percent Mr. Obama. The drop in Mr. Obama’s economic approval ratings is consistent with a downturn in the percentage of Americans who believe the economy is getting better. While 33 percent said they saw improvement in April, 24 percent say they do now.”

Americans can easily see that the economy is not recovering the way it should be, and certainly isn’t living up to the predictions President Obama made about it based on his policies.

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