Tuesday, March 31, 2009

Blame for downturn not fixed on Obama

WASHINGTON - The number of Americans who believe that the nation is headed in the right direction has roughly tripled since Barack bama's election, and the public overwhelmingly blames the excesses of the financial industry, rather than the new president, for turmoil in the economy, according to a new Washington Post-ABC News poll.

At this early stage in his presidency, Obama continues to benefit from a broadly held perception that others should bear the bulk of responsibility for the severe economic problems that confront his administration. Americans see plenty of offenders, but only about a quarter blame the president and his team for an economy that's in the ditch.

Despite the increasing optimism about the future, the nation's overall mood remains gloomy, and doubts are rising about some of the administration's prescriptions for the economic woes. Independents are less solidly behind Obama than they have been, fewer Americans now express confidence that his economic programs will work, barely half of the country approves of how the president is dealing with the federal budget deficit, and the political climate is once again highly polarized.

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