More on new Zogby poll

Bush approval ratings according to Zogby's latest poll:

February: 74% positive, 24% negative
May: 70% positive, 30% negative
June: 69% positive, 28% negative
July: 62% positive; 38% negative

51% are less likely to invest in the markets. Those less likely to invest are Americans earning $35,000-50,000 a year, 55-69 year-olds and Moderates. Zogby also notes:

Two out of three likely voters tell us that they have an IRA or a 401k. One look at their quarterly report and there goes confidence in the economy and the government. We are looking at a very close election with the Congressional Generic still tied at 34%, but this issue is THE issue.

No kidding. The working poor don't have 401(k)s or stock portfolios, but they already vote Democrat. The super-rich will obviously still vote Republican, as they have enough wealth to tide them over. It's the middle class, with a large percentage of their retirement funds tied up in the market that should turn on Republicans with a vengeance.

Posted July 16, 2002 08:01 AM | Comments (0)