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39% Blame Obama Policies for Bad Economy
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Public criticism of President Obama’s health care reform plan and other actions may be growing, but most U.S. voters continue to blame the country’s economic problems on the recession that began under his predecessor, George W. Bush.

Again this month, a Rasmussen Reports national telephone survey finds that 39% say the bad economy is caused more by Obama’s policies, but 55% blame President Bush. These findings are unchanged from the previous two months.

In May, 62% blamed Bush more, while 27% thought Obama’s policies were at fault.

Also unchanged this month are the overall findings on economic judgment. Sixty percent (60%) of voters say they trust their own judgment on economic issues more than the president’s. Twenty-seven percent (27%) trust Obama more, and 14% are not sure.

In February, only 49% trusted their own economic judgment more than Obama’s.

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Investors are more closely divided on the question of the economy: 50% blame Bush, but 43% fault Obama.

Men are more critical of the new president’s economic policies than women. Ninety-five percent (95%) of African-American voters blame the bad economy on the recession that began under Bush, while whites are almost evenly divided.

The partisan gap is noticeable. Eighty-two percent (82%) of Democrats see Obama’s Republican predecessor as the cause of the nation’s current economic problems, while 64% of GOP voters blame the policies of the current Democratic president. Voters not affiliated with either party blame Bush more but by just eight points.

Sixty-eight percent (68%) of male voters trust their own economic judgment over the president’s, compared to 52% of female voters. Voters ages 30 to 64 are the most confident in themselves, as are investors (65%) compared to non-investors (52%).

The County Financial Security Index last month hit a record low. However, both the Rasmussen Consumer and Investor Indexes, which measure daily confidence, are up from the first of the year.

Just six percent (6%) of voters now think their taxes will go down during the Obama years, while 42% expect them to go up. This is the first time since last November’s election that the number expecting a tax cut has fallen to single digits. Seventy percent (70%) say government spending will increase during the Obama years.

Seventy-one percent (71%) say the president’s policies have increased the size of the federal deficit.

Seventy-six percent (76%) say it is at least somewhat likely taxes will have to be raised on the middle class to cover the cost of the health care reform plan proposed by the president and congressional Democrats, but 54% think middle class tax cuts are more important than new spending on health care.

President Obama’s approval ratings as measured by the Rasmussen Reports daily Presidential Tracking Poll have fallen over the past two months.

Eighty percent (80%) of Americans say current economic conditions in the country also are likely to lead to an increase in crime.

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Rasmussen Reports is an electronic publishing firm specializing in the collection, publication, and distribution of public opinion polling information.

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Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade.