Lowest approval rating ever for Congress

A milestone in incompetence and stupidity.

Via Jim Hoft, the latest Rasmussen survey on the Congress:

Voter unhappiness with Congress has reached the highest level ever recorded by Rasmussen Reports as 71% now say the legislature is doing a poor job.

That's up ten points from the previous high of 61% reached a month ago.

Only 10% of voters say Congress is doing a good or excellent job.

Nearly half of Democratic voters (48%) now give Congress a poor rating, up 17 points since January. The vast majority of Republicans and voters not affiliated with either party also give Congress poor ratings.

Seventy percent (70%) of voters say Congress has not passed any legislation that would significantly improve life for Americans, up 10 points over the past month and the highest level of dissatisfaction measured in regular tracking in over three years. Only 15% say Congress has passed such legislation.

Forty percent (40%) of voters nationwide now say it is at least somewhat likely Congress will seriously address the most important issues facing the nation. That's down from 59% last March. Only 9% say it is Very Likely Congress will address these issues.

People's lack of confidence in Obama and the Democratic Congress may be affecting the economy. The closely watched Consumer Confidence Index from the Conference Board crashed in February :

Says Lynn Franco, Director of The Conference Board Consumer Research Center: "Consumer Confidence, which had been improving over the past few months, declined sharply in February. Concerns about current business conditions and the job market pushed the Present Situation Index down to its lowest level in 27 years (Feb. 1983, 17.5). Consumers' short-term outlook also took a turn for the worse, with fewer consumers anticipating an improvement in business conditions and the job market over the next six months. Consumers also remain extremely pessimistic about their income prospects. This combination of earnings and job anxieties is likely to continue to curb spending."

Consumers' assessment of current-day conditions soured in February. Those claiming conditions are "good" decreased to 6.2 percent from 8.5 percent, while those claiming business conditions are "bad" increased to 46.3 percent from 44.7 percent. Consumers' assessment of the labor market was also more pessimistic. Those saying jobs are "hard to get" rose to 47.7 percent from 46.5 percent, while those saying jobs are "plentiful" decreased to 3.6 percent from 4.4 percent.

With Congress and the president still not concentrating on creating jobs and lifting us out of this recession - preferring to dilly dally about health insurance reform that nobody wants -  consumers are going to be voting with their wallets, hanging on for dear life to their cash, fearing that the economy is going to get worse before it gets better. 

Meanwhile, it's the Republican's fault...

 

Hat Tip: Ed Lasky

 

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