Saturday, July 28, 2012

BAD NEWS FOR PRESIDENT OBAMA WITH BUSINESS OWNERS............

President Barack Obama has a 60% disapproval rating with business owners according to a Gallup Poll released Thursday.  The President's approval rating with business persons stands at 35% in the second quarter of 2012, down six points from a 41% positive rating in the first quarter.  The words, "you didn't build that", which he spoke in a campaign speech on July 13th, and has been extensively attacked by Mitt Romney and other Republicans, in campaign appearances and advertisements, although isolated from their full content, has taken a toll on The President's standing with business owners.  It has caused the Obama campaign to attempt to counter the adverse affect by putting its own ad in response on the air.  The only other group surveyed by Gallup currently giving the a lower approval rating are farming/fishing/forestry workers, of whom 34% approve; 57% disapprove.  This quarterly Gallup Poll includes adult American workers in eleven categories and totaled 25,464 persons.  The most approving group of President Obama according to the findings of this survey are professional workers, who by nine percentage points 52% - 43%, approve of his job performance.  Extrapolating the impact the present presidential approval/disapproval ratings of these eleven occupational groups according to the pollster is that, "Further deteriorization in his approval rating among business owners could certainly add to the perception that Obama is not doing enough to bolster small businesses in the country...They are of course a critical component of the economy and overall economic optimism in the country...If business owners become more positive about Obama and his plans for the economy, that could potentially increase his approval ratings and broader U.S. economic confidence closer to the levels necessary for him to be well positioned for re-election".  With one ad already airing to attempt to counter and put back into context the, "you didn't build that", comments being effectively used against him by the Romney / Republican campaigns for President and Congress, and with a Wall Street Journal editorial on Thursday disparaging The President's economic abilities, more substantial focus back and forth about this is guaranteed.  A potential backfire on the Republican efforts to damage support for President Obama looms in the disclosure that one of the small businessman appearing in one of their ads criticizing Obama for denying he and his father did not singly build their small business, in truth received hundreds in thousands in dollars of financial support from the Small Business Administration, an agency of the Federal Government to start and develop his business............Fr.  Troy

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