BREAKING NEWS
December 12, 2006
Americans Hit `New Level of Discontent' Over Iraq
The American public has abandoned President George W. Bush on the Iraq war and is looking to Congress for a way out that includes a timetable for withdrawing U.S. troops, according to a Bloomberg/Los Angeles Times poll.
The national survey shows a disaffected public that has grown more sour about the conflict since September, with only about one in seven believing Bush's claim that the U.S. is winning in Iraq.
More than half of Americans want to set a schedule to withdraw all troops, a significant change from September, when 44 percent said the U.S. should stay as long as it takes. ``There is a new level of discontent'' over the war, said Susan Pinkus, the Times polling director. ``It's hurting the economy and it's hurting other issues. This is all the president can concentrate on.''
The poll shows that the hunger for a new approach on Iraq crosses the usual lines of political division. For example, 39 percent of self-described conservatives and 29 percent of self- identified Republicans want a fixed timetable for withdrawal, a course that the Bush administration has rejected as likely only to embolden Iraqi insurgents.
Bush's job approval rating was 42 percent, a 3-point decline from September.
A majority, 62 percent, continue to say the nation is on the wrong track, a perception influenced by pessimism about Iraq.
Bloomberg |
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Souring on the President Is Just Like Johnson in '68
By: Pete Kendall, December 14, 2006 |
The occupation of Iraq by the U.S. will progress from a quagmire to a financial, political and public relations disaster.
The Elliott Wave Theorist, October 2003
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Another new high in the Dow Jones Industrial Average accompanied by another plunge lower in the president’s popularity. If the rally was on sound footing, the president’s popularity problem would likely dissipate as stocks made their upside breakout. But that’s not happening. Just as Lyndon Johnson’s public image cratered with the Dow approaching its 1966 highs in the fall of 1968, George Bush's stature is under re-newed assault in recent days. Here’s the comparable headline to the one at left from The New York Times in September 1968:
Johnson Rating Reaches New Low in Gallup Poll
35% Express Approval of His Handling of White House
PRINCETON, N. J., Sept. 3 -- President Johnson's popularity rating has declined to the lowest point recorded in his Administration, according to the Gallup Poll.
As George Bush himself pointed out back on October 19, the parallel to another increasingly unpopular war is palpable. The 1968 divergence was followed by a rough 18-month stretch for stocks. |
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