As the Debt Ceiling Deal is Celebrated … US Treasury Borrowing at 100% of GDP … America Disapproves of the Raising of Debt Ceiling

American families struggle with their budgets and do without to make ends meet … NOT THE OBAMA LEAD US GOVERNMENT.

UNBELIEVABLE. US Borrowing now equals 100% of GDP.  I am sure the credit agencies will embrace this news. How is it that Obama and and other fool hearty politician on the LEFT or the RIGHT celebrates the debt ceiling deal while the United States is borrowing 100% of the GDP. In one day, just one day the US debt went up $239 billion, largest one-day bump in history.  As the PJ Tatler states, we will be downgraded, how on earth can’t we be?

US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.

Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.

The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

Obama took his minions out to lunch to congratulate them for all their hard work on the debt ceiling deal, with the looks of the financial state that Obama has taken America, I hope The One made them pay “Dutch” treat.

The actions of those in Washington, DC are just criminal. 2012 cannot come fast enough, I just hope we have an America left.

UPDATE I: Here is a shocker, the American public hate the debt ceiling law. According to a USA TODAY/Gallup Poll taken hours after the Senate passed and President Obama signed the deal, 46% disapprove of the agreement; while only 39% approve. Many believe that this the agreement that was passed to raise the debt ceiling will do more harm to the economy than good. A Rasmussen poll has the polling data even worse … just 22% of likely voters nationwide approve of the agreement while and overwhelming 53% disapprove.

The hard-won, last-minute agreement to raise the debt ceiling and cut the deficit gets low ratings from Americans, who by more than 2-1 predict it will make the nation’s fragile economy worse rather than better.

The 40% Man … Gallup Poll has Barack Obama at New All Time Low Job Approval

Barack Obama is truly turning into an EPIC FAILURE …

As Bruce Springsteen sings, Barack Obama’s job approval ratings are going down, down, down, down. A new Gallup poll has Obama at a 40% approval rating, the lowest of his presidency. One has to wonder how at this point Obama even has a 40% approval ratings. One of the most devastating aspects of this poll is that Obama only gets 34% support from Independents. As stated at Jammie Wearing Fool, if it were not for the liberal MSM Obama’s poll numbers would be at 15%.  Obama is in serious trouble for the 2012 elections.

Obama’s 40% overall approval rating nearly matches the recent 41% approval Americans gave him for handling the debt ceiling negotiations. Though Americans rate Obama poorly for his handling of the situation, they are less approving of how House Speaker John Boehner and Senate Majority Leader Harry Reid are handling it [...] comparable to Obama’s current 40% overall job approval rating.

Obama’s job approval rating among Democrats is 72%, compared with 34% among independents and 13% among Republicans. In the prior three weeks, his average approval rating was 79% among Democrats, 41% among independents, and 12% among Republicans.

I’m goin down, down, down, down
I’m goin down, down, down, down
I’m goin down, down, down, down
I’m goin down, down, down, down

It is not just the Gallup poll where Obama has troubles. Across the board in poll after poll Barack Obama has hit the skids and is on the precipice of going into the 30′s. Every major poll has Obama in the negative. As stated at Michelle Malkin.com its not just national polls where Obama is having troubles, its also in battle ground state polls as well.

It comes as a shock to no one why so few want to reelect Obama and why he will be a one term president.

American Voters Trust Republicans on Economy Over Democrats … GOP has 10 Point Edge Over Democrats

The American people are letting their voice be heard … will our elected officials actually listen for once? The Democrats and the complicit MSM have tried to demagogue the debt crisis and demonize Republicans; however, ‘We the People” are not buying it.

As the debt limit discussion weighs in the balance as the Republicans and Democrats square off against each other as to how to handle the issue, a recent Rasmussen poll shows that American voters trust the GOP more in handling the economy than Democrats. Americans give the GOP a 10% lead over Democrats on the issue.

With lawmakers haggling over government debt and consumer confidence at a two-year low, voter confidence in Republicans to handle the economy is growing.

The latest Rasmussen Reports national telephone survey of Likely Voters shows that 45% trust Republicans more when it comes to handling economic issues, while 35% put more trust in Democrats. Nineteen percent (19%) are undecided. (To see survey question wording, click here.)

This is not the only problem that Democrats and Barack Obama face. In the Rasmussen poll the GOP beat Democrats in nine out of the ten major issues of the day including the economy, healthcare, Iraq, immigration, social security, Afghanistan, national security, government ethics and taxes.

Voters now trust Republicans more than Democrats on nine of those 10 issues. In May, Republicans led on just six issues after being trusted more on all 10 in early January. Two years ago Democrats were trusted more than Republicans on most issues. Still, there are several issues that the parties are close on in terms of trust.

Making matters worse for Barack Obama, the Rasmussen poll has his Presidential Index at -21% and an overall job approval rating at 45% approval and 54% disapproval. The recent Gallup poll has it at 43% approval and 49% disapprove. His complete polls can be seen at Real Clear Politics where all seem to be in the red.

The GOP have the backing of the people, now it just depends whether they have the guts to do the right thing and hold to their principles and why the political landscape was changed in 2010.  As stated at Powerline, “So John Boehner and his fellow Republicans should not let themselves be bullied. The American people are counting on them.”

Gallup Poll: President Barack Obama Down to 42% Approval Rating

GALLUP POLL: 42% Approval Rating!

President Barack Obama is watching his presidency and reelection bid crumble before his very eyes. His handling of the economy has been nothing short of a disaster. Obama promised jobs and he come through with butkis. In fact, the unemployment rate has been increasing. Obama had no problem wasting America’s time passing Obamacare; however, when it came time for job creations … Obama has been an unmitigated disaster.

Enter the debt ceiling debates and President Obama showing his true liberal colors and trying to scare old people by saying that he was not certain whether social security checks would go out. How sad that Obama would turn to the oldest game in the Democrat playbook, scaring old people.

The result is that in the latest Gallup poll, Barack Obama has a 42% approval rating, while 50% disapprove. Hey Barack, you’ve come a long way baby from the 2008 Presidential election where you won with 53% of the vote.  Who really believes that after Obama’s first four years in office, anyone is going to vote for him again in 2012 like they did the first time around? “Hope & Change” has been replaced with a track record of failure.

UPDATE I: Gallup now at 44% approve – 49% disapprove.

Gallup Poll: Republican Candidate Extends Lead Over Barack Obama To 8 Points, 47% To 39%

ABO … Barack Obama … “You’ve Lost that “Hope &  Change” feeling.

It is safe to say that the “kill Osama” bounce is over and the American voters are strictly looking at the economy, the lack of jobs and the poor job that Obama is doing in handling the debt limit discussions. According to the most recent Gallup poll,registered voters are now more likely to vote for the “republican candidate” over Barack Obama by a 47% to 39% margin. The poll shows that Obama is trailing badly with independent voters.

Registered voters by a significant margin now say they are more likely to vote for the “Republican Party’s candidate for president” than for President Barack Obama in the 2012 election, 47% to 39%. Preferences had been fairly evenly divided this year in this test of Obama’s re-election prospects.

As the economy gets worse, unemployment is up to 9.2% and Obama continually tries to play scare politics with the debt limit, more and more Americans are saying … ABO, anyone  but Obama. The reality is that the poll numbers are trending badly for Obama as Americans are starting to tag “The One” with owning the economy. When only 25% of Americans believe that the country is headed in the right direction and 68 believe wrong track, an incumbent president has a real problem. Come the 2012 election voters are going to be faced with the question, do they want more of the same of the past four years? Barack Obama is going to be faced with a track record that he cannot run from, nor blame GWB.

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