WASHINGTON--President Obama unveils his latest jobs creations plans Thursday as his poll numbers are sinking to new lows, according to surveys out Tuesday by ABC/Washington Post and NBC/Wall Street Journal.
From ABC analysis of their poll: More than half of Americans now disapprove of Barack Obama's job performance, six in 10 rate his work on the economy and job creation negatively and more than one in three say they've become worse off financially under his presidency - a high in ABC News/Washington Post polls since Ronald Reagan trademarked the question a generation ago.
Those results and others underscore the depths of this summer of economic discontent. With unemployment stubbornly over 9 percent, 77 percent say the country is headed seriously off on the wrong track, up 17 points this year to the most since the end of George W. Bush's presidency.
In a further sign of the deep hazards to Obama, Americans by a 2-1 margin, 34 percent to 17 percent, now say his administration's efforts have done more to harm rather than help the nation's economy. The number who say his economic program has improved the economy has plummeted by half since January. And 47 percent say it's had no effect.
From NBC's Deputy Political Editor Mark Murray: When Barack Obama unveils his jobs and economic plan to a joint session of Congress on Thursday, he'll do so at the lowest point of his presidency, according to a new NBC News/Wall Street Journal poll.
After the bruising debt-ceiling fight -- as well as Standard & Poor's subsequent downgrade of the nation's credit rating -- Obama's job approval rating has sunk to a low of 44 percent, a 3-point drop since July. His handling of the economy stands at a low of 37 percent. And only 19 percent believe the country is headed in the right direction, the lowest mark for this president.
Perhaps most ominously for Obama, a majority of poll takers -- 54 percent -- think he's facing a longer-term setback from which he's unlikely to recover. Back in January, just 39 percent agreed with that assessment.