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>73 percent of Americans believe U.S. on wrong track

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73 percent of Americans believe U.S. on wrong track
By Steve Holland

WASHINGTON | Wed Aug 10, 2011 4:21pm EDT

(Reuters) – Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said on Wednesday.

The poll reflected growing anxiety about the U.S. economy and frustration with Washington after a narrowly averted government default last week, a credit rating downgrade by Standard & Poor’s, a stock market dive and a stubbornly high 9.1 percent jobless rate.

President Barack Obama was politically bruised in the brutal, weeks-long debt debate, and negative views on the economy are worrisome signs for his 2012 re-election bid.

His approval rating dropped to 45 percent from 49 percent a month ago, according to the poll conducted from Thursday to Monday. Obama’s predecessor, President George W. Bush, never saw his approval rating dip below 46 percent in Gallup polling in his re-election year of 2004.

The Reuters/Ipsos poll found 73 percent of Americans believe the United States is “off on the wrong track,” and just one in five, 21 percent, think the country is headed in the right direction.

https://www.reuters.com/article/2011/08/10/us-usa-poll-idUSTRE7794EX20110810

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