Zogby: Obama Out Of Options On Jobs

The monthly jobs report was a swift kick in the shins for the president.

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Pollster John Zogby updates our weekly Obama Report Card with a grade on the president's performance. Zogby uses his polling, expert analysis, and interaction with major players to come up with a grade and some comments that capture how he sees the president's week ending.

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John Zogby on Week: 125

“Ouch. The monthly jobs report was a swift kick in the shins for the president. Our IBOPE Zogby interactive poll found a slip in Obama’s approval rating, and other polls are finding similar falloffs from his high marks after Osama bin Laden’s demise. The administration may be out of new options for getting people back to work or stabilizing housing prices. The Federal Reserve isn’t going to dramatically shift monetary policy, and hell will freeze over before the Republican House passes a stimulus bill. Instead, Republicans have forced Obama to consider budget cuts to get a debt ceiling increase. The president is increasingly dependent on big business and Wall Street, both to convince Republicans to pass the debt ceiling increase and to use their reserves for new hiring. On the good news front for Obama, conservative Minnesota Rep. Michele Bachmann is about to enter the Republican primary field, which could throw the GOP race into a tizzy.”

This week’s grade: D

Last week’s: B

John Zogby is Chairman of the Board and Chief Insights Officer for IBOPE Zogby International, a non-partisan public opinion, research, and business solutions firm with experience working in more than 70 countries around the globe. IBOPE Zogby International specializes in telephone, Internet, and face-to-face survey research and analysis for corporate, political, nonprofit, and governmental clients. The firm is headquartered in Utica, N.Y. John Zogby is also the author of The Way We'll Be: The Zogby Report on the Transformation of the American Dream (Random House).

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