President Obama’s chances of re-election may be growing as more voters critically evaluate the U.S. economy. A recent poll by The Wall Street Journal and NBC News indicates that voter optimism is on the rise when it comes to the country’s economic future.
“By a 2-to-1 margin, respondents to the latest poll said the economy is more likely to get better over the next 12 months than to get worse.“
Where did this come from?
It is difficult to say exactly what has brought on this confidence, but one explanation could be that more Americans are considering a bigger picture perspective when it comes to Obama’s first term as President.
When things approach an end, take the calendar year for instance, the public is barraged with gratuitous “look-backs,” where everything from the year’s worst fashion blunders to the year’s most prominent celebrity deaths are compiled and publicized. As Obama nears the end of his term, this media-driven phenomenon could be resulting in voters favoring a more comprehensive look at the President’s performance over the past three and a half years.
Here is what voters will find when it comes to employment numbers, the most frequently cited figure in terms of the economy:
There are at least two ways to look at these numbers. On one hand, Obama’s administration has yet to bring job numbers back to what they were when he took office. Going by these numbers alone, he will almost certainly be leaving the economy in worse shape than when he found it. On the other hand, a glass-half-full outlook, like the one evident in the latest poll, sees a complete economic turnaround and a reassuring upward trajectory.
For now at least, it appears as if that latter interpretation is winning.