In May 2006, the economy for more than two years was gaining over 200,000 jobs a month; the Unemployment Rate for months was at 4.6%; gas prices at the pump was $2.40, and the deficit was expected to be in the $300 billion range. Yet only 28% approved of the economic work done by the President of that time. (May 2006 NYT Poll)
Six years later in mid-January 20102, the economy in the preceding half-year gained less than 150,000 jobs a month; the Unemployment Rate was at 8.5%; gas at the pump was above $3.40 a gallon; and the deficit was expected to be yet again more than one trillion dollars. Yet 44% approved of the economic work done by the president of that time. (Mid-Feb 2012 NYT Poll).
Can you figure out why the second president enjoyed a much higher economic approval rating than the first? I will give you two alphabets for a Hint: One had an R next to his name and the other had a D next to his name…

















