CBS News Poll: 7 in 10 Americans Say Obama Has not Helped the Economy

The 2012 Presidential election is going to be a referendum on how well Barack Obama has done on handling the economy. The recent CBS News poll that 7 in 10 Americans say that Obama has done nothing to help the US economy should send tremors to the Obama reelection team.According to the poll, 43% of respondents say that they are disappointed with Obama and he has done less than what they expected. Even though Americans still blame GWB more for the economy, they are saying that Obama has done nothing as President to help the economy. Why would anyone give him another 4 years when he has been such an epic failure?

A new CBS News poll finds that nearly seven in 10 Americans believe President Obama has not made real progress in fixing the economy.

Sixty-nine percent say the president has not made real progress on the economy, which voters overwhelmingly cite as their most important issue. Twenty-five percent say he has made real progress.

Perceptions are not improving. The percentage who said Mr. Obama has made real progress has dropped 10 points from a survey 13 months ago, when 35 percent said he had made real progress.

Just 35 percent of Americans approve of Mr. Obama’s handling of the economy, and his approval rating on the issue has been below 40 percent since February. Fifty-three percent approve of his handling of the economy.

Interestingly enough, I guess Barack Obama is one of the near 70% who feel that he has done nothing to help the economy. In his interview with ABC News and George Stephanopoulos, Obama admitted, “Well, I don’t think they’re better off than they were four years ago (VIDEO).” Gee Thanks Barack. Coming soon to a GOP ad in 2012. What an amazing statement coming from the lips of the man where the buck stops. Of course Americans did not need Obama to tell them this … they live it every day.

Is it any wonder why Americans believe Obama will be a “one term” President.  2012 cannot come fast enough. Who feels like Obama has already been in office 10 years?