http://www.cbsnews.com/stories/2003/08/13/opinion/polls/main568080.shtmlAmericans are getting more pessimistic about the economy – 60 percent say it's bad, the highest number recorded in a CBS News poll in ten years – and a majority disapproves of the way President Bush is handling it.
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Many think declines in the economy and the job market have occurred under the Bush Administration’s watch, and the President receives poor ratings in this area. In this poll, 36% approve and 52% disapprove of his handling of the economy -- his most negative evaluations in this area since he took office.
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Due in part to the positive assessments of his handling of Iraq, Bush’s overall job approval rating is more positive; 55% approve and 35% disapprove.
Overall, Bush receives only a modicum of blame for current economic conditions. Most think Bush’s policies have had an impact on the economy, but believe that impact has been small. 48% believe the Administration’s policies have had a little impact, and 37% think those policies have had a lot of impact. But perhaps as a result of the tax cuts that have been implemented, the Bush Administration’s policies are seen as having a greater effect on the economy now than the public thought in January 2002.
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Among those who think the economy is on the upswing, 37% give him lot of credit for its recovery. But among those who think the economy is getting worse, 56% place a lot of blame on Bush and his policies.