Majority oppose second term for President Obama

A new IBD/TIPP survey finds 51% of Americans now oppose giving President Obama a second term:

• By 51%-41%, respondents in October picked "someone new deserves a chance" over Obama "deserves to be re-elected." Among independents, it was 54%-36%.
• Half of Americans give Obama poor or unacceptable marks in creating jobs and economic growth vs. 24% who say he's doing well. Among independents, it's 51%-18%.
• The Occupy Wall Street movement, while directed at fat cat bankers, also reflects broad dissatisfaction among Obama's political base.

The poll was conducted from Oct. 1-5, and has a margin  error of +/- 3.3 percent.

The IBD/TIPP reinforces the findings of the recent ABC News/Washington Post poll that found 55% expect Obama to lose reelection.

Using Obama's own metrics, even Obama says his presidency will be "a one-term proposition." That is something Obama and I can agree on.

Comments

[tax relief attorney]

I remain positive that the incumbent president will not be re-elected. Gone were the days when the words "hope" and "change" was associated with Obama, those which evoked strong emotions for people young and old.

[form 2290]

This is a foregone conclusion. Obama portrayed himself as a savior and promised a revolution. It flopped and he was exposed as incapable.

[The Barefoot Accountant]

I voted for Obama because I believed him when he campaigned and spouted, "change you can believe in". And then I saw him sell us all out to Wall Street.

Look at what has transpired under Obama’s watch:

Not one Wall Streeter has been convicted of stealing trillions of dollars in those secularizations of mortgaged-back securities, culminating in the collapse of our economy; however, a guy stealing $1 recently will serve up to 3 years in prison.

After the collapse, Obama gave $800 billion of TARP to Wall Streeters, who then declared $6 billion in bonuses to their CEOs.

Obama has more troops overseas now than when he took office, after promising to bring the troops home.

Obama refuses to make a recess appointment of Elizabeth Warren.

Obama failed to propose a single-payer healthcare bill.

Obama not only extended tax cuts for the rich, but also reduced the estate taxes, benefitting the 0.6% of the rich enormously.

Obama had agreed to spending cuts of $2 trillion without requiring any increased tax revenues.

Obama has already signaled that he intends to lower the corporate tax rate instead of raising it.

Obama is planning to raise the retirement age, costing each of us $63,500 in retirement benefits!

Obama is negotiating deep cuts in Medicare and Medicaid for the closing of some tax loopholes, such as the home mortgage interest deduction, etc.

Large corporations are earning record profits while unemployment is 9.1%.

Obama has consistently appointed Wall Streeters to his economic advisory team instead of voices of labor like Robert Reich.

Obama is planning to allow the repatriation of corporate profits overseas at a tax rate as low as 2.5% instead of 35% or 38%.

Obama is not proposing a massive jobs bill even though our country may be entering another recession, if not a depression.

Obama fails to fight for the middle class, taking a strong position and using the bully pulpit, when the American people would support him.

Obama threw Anthony Weiner under the bus. Not one Republican threw Senator Vitter under the bus, even though he broke the law by frequenting prostitutes.

Obamacare benefits the big insurance and pharmaceuticals, and its provisions for pre-existing conditions do not take effect until 2014.

Obama has done nothing to address the imbalance of trade with China.

Obama is unlawfully supporting military operations in Libya, without receiving Congressional approval.

Obama is now proposing a measely $450 billion jobs bill only to gain re-election; however, a $1.5 trillion jobs program should have been proposed three years ago when he took office and had a Democratic Congress. Now that our country is sliding into a depression, the $450 billion jobs bill is far too little and far too late. It's merely a ruse to win office in 2012.