Pres. Obama’s is Less Credible Nowadays

Ever since Barack Obama took the highest seat in office in the United States, he already faced tremendous pressure in saving America from the problems he inherited during the previous administration. With a national debt almost reaching $14 trillion and budget deficit that is over $1 trillion, it is no doubt that the Obama administration is facing a budget nightmare which will really bring out his whole ability to solve such issues.

Perhaps the huge burden that is faced by the country today is the ongoing economic recession that has paralyzed the economy and triggered a massive loss of jobs. With so many financial and business institutions going bankrupt, the unemployment rate of nation have now almost reach 10% of the population. A lot of teachers, cops and federal workers have also lost their jobs due to low funding. Social security is also under constant threat because the Obama administration is taking any necessary step such as to cut funding for a particular in order to save more money and lessen the budget deficit.

And now, after having to face much of the problems that the country has experienced, the U.S. president is also dealing with the problem of a low trust rating. With his inability to develop a quick solution to these problems, the public has already lost their trust and confidence to the president. The YouGov/Polimetrix poll indicated that the approval rating in economy of Pres. Obama is 35% during mid-August compared to 42% last may. The significant drop prompted Democrats to panic especially that the midterm election is drawing near.

According to a recent poll conducted by Reuters, 72% of the respondents are very worried about jobs while 67% are very concerned about government spending. The used-to-be high trust and credibility ratings of the president are slowly trimming indicating that the people are not contented. There are also claims by the President such as the effectiveness of the stimulus bill which the people strongly oppose or strongly ignore. People are equally tired of hearing the usual exaggerated claims of the president.

If we look at the stimulus fund more clearly, we can clearly say that it has done little to alleviate the problem of unemployment. A growing number of the population is still either without a job or underemployed. Since the passing of the stimulus act, about 2.6 million Americans have lost their jobs and 1.2 million people have given up even looking for work. The unrealistic claims of the Obama administration have only made people angrier. Better accountability and transparency is drastically needed in this present time.