American Economy,  Polling

Poll Watch: U.S. Satisfaction Falls to Two Year Low = 16%

According to the latest Gallup Poll.

Americans’ satisfaction with the way things are going in the country fell to 16% in July, the lowest in more than two years. Satisfaction approached this level in December 2010, when it descended to 17%, but it has not registered as low as 16% since February 2009 — President Barack Obama’s first full month in office — when it was 15%.

Not a good sign for the incumbent President or members of Congress.

Satisfaction fell four percentage points just in the last month, from 20% in June. Among party groups, Democrats’ satisfaction has dropped the most, from 35% to 25%. Independents’ satisfaction in June and July was fairly steady at 17% and 14%, respectively, and Republicans’ was unchanged at 9%.

Looks like even Democrats are giving up on President Obama and his administration.

Fewer Americans are satisfied with the way things are going in the country today than were satisfied in June or in any month since February 2009. The recent month-to-month decline is seen particularly among Democrats, but is also evident among whites, broadly.

Americans’ approval of Obama and of Congress, along with their economic confidence ratings, are all similar to where they stood in June, as well as prior to the bin Laden-related rally in April. Whether the dampened satisfaction this month is a temporary finding or the precursor for a possible decline in Gallup’s political and economic indicators remains to be seen.