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Bloomberg Poll Finds Americans "Worse Off" Under Obama Administration

A Bloomberg National Poll of 1,000 Americans conducted between December 4 until December 7, 2010 found that 51 percent of respondents feel "worse off" under Obama's administration. Over two thirds of the respondents also indicated the feeling that the nation is "headed in the wrong direction."

The poll attributed much of the respondents' dissatisfaction with Obama's performance to the economic recession, Republican opposition to upper income tax cuts, unemployment, stock market instability, budget deficits, and tax increases. Obama's opposition is strongly based in the Republican party and voters who were disappointed in Obama's health care bill, stimulus package, and cap and trade policies.

Obama's approval remains steady among Democrats and hovers around 42 percent among independents.

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