Released: July 15, 2002
UPDATED
Breaking News - Zogby Newswire
Bush job performance
drops 7 points to 62%;
One in three are worse off
today than one year ago;
Nearly one in three worse off
than two years ago;
Majority less likely to
invest because of scandals
[url]http://www.zogby.com/news/ReadNews.dbm?ID=601[/url]
President George W. Bush’s overall job performance rating has taken a seven percentage point drop in July to 62%, latest Zogby America results reveal.
The poll, conducted July 12-15 of 1,109 likely voters nationwide shows voters now giving Bush a 62% positive, 38% negative job performance rating, a new low mark since the September 11th terrorist attacks. In June, Bush received a 69% positive, 28% negative job performance rating, and a 70% positive, 30% negative, rating in May.
In February, voters gave Bush a 74% positive, 25% negative rating. The week before the attacks, voters gave Bush a 50% positive, 49% negative job performance rating.
The poll has a margin of sampling error of +/- 3.1%.
Results also show that nearly one in three Americans (32%) say they are worse off financially today than they were one year ago, compared to 45% who say they are financially better off now than one year ago. Another 22% say their finances are the same as a year ago. Respondents worse off today than one year ago include Democrats (38%), Independents (30%) and Republicans (27%).
Nearly just as many Americans (31%) say they are financially worse off today than two years ago, compared to 51% who are better off and 17% who are the same financially. Respondents worse off today than two years ago include Democrats (35%), Independents (33%) and Republicans (26%).
Investor insecurity
Results show the recent stock market scandals involving several major corporations make a majority of Americans (51%) less likely now to invest in the stock market. In comparison, 43% say the scandals make no difference in their likelihood now to invest in the stock market. Majorities not likely now to invest in the stock market include Americans earning $35,000-50,000 a year (58%), 55-69 year-olds (65%) and Moderates (53%).
Results also show half of Americans who own 401k plans (50%) and half (50%) who do not own 401k plans but invest in the stock market are now less likely to invest because of the scandals.
Pollster John Zogby: “Two out of three likely voters tell us that they have an IRA or a 401k. One look at their quarterly report and there goes confidence in the economy and the government. We are looking at a very close election with the Congressional Generic still tied at 34%, but this issue is THE issue.”
My comment:
This is good for us, believe it or not. President Bush will be needing every gun owner's vote. His father forgot who his friends were and he lost his Presidency by a landslide. Hopefully President Bush will not make that mistake.