poll has this
finding about the popularity of President Obama among business owners. Gallup
Poll: Obama disapproval highest with business owners
7/27/12 6:00 AM EDT
According to Gallup Daily tracking from April to June, Obama’s disapproval rating with business owners is 59 percent, compared to just 35 percent who approved of his job performance. His approval rating dropped 6 percentage points between the first and second quarters of 2012 – the biggest decline among the 11 occupational categories listed by
The polling organization defines business owners as owners of a store or a factory, or self-employed such a plumbing contractor.
One can easily imagine why business owners in general along with Wall Street professionals and high earners are furious with Mr. Obama. Well, actually one cannot. See first of all there is the stock market.
Dow Closes Above 13000; First Time Since May 7
The Dow Jones Industrial Average capped an unusually volatile week Friday with a triple-digit jump that pushed it above 13000 for the first time since early May.
Investors pushed up U.S. stock prices, joining a global advance, amid growing expectations that the European Central Bank would soon step up efforts to alleviate the growing crisis in the region. But prices of Treasurys slid on the news.
The Dow gained 187.73 points, or 1.5%, to 13075.66, its first close above 13000 since May 7. The Standard & Poor's 500-stock index advanced 1.9% to 1385.97, its highest close since May 3, and the Nasdaq Composite added 2.2% to 2958.09.
Hm, let’s see, since the market was around 9,000 at the beginning of the Obama Presidency it is hard, not make that impossible to determine just what the business and investor community is mad about.
Paul Krugman has the most compelling answer. Mr. Obama and the Democrats don’t say nice things about them. Yep, that’s probably it, since no other explanation is available.