- Ann Selzer, founder of Selzer & Co.
With no major drags on the economy like the sequester or government shutdown and brighter outlook from the White House, Barack Obama's approval rating bounced back from a career-low level. A poll conducted by Bloomberg showed that almost a half (48%) of Americans support Barack Obama, recovering from a record low of 42% recorded in November. What is more important, is that a 6% rally over the month is the largest positive change since the beginning of Obama's career. Additionally to it, Obama's favourability soared to 49%- the highest since June 2013. However, exactly the same number of Americans have unfavourable feelings about the president of the United States.
The results mean that Obama's Democratic party will once again win the elections in eight months. At the same time, Obama has made fundraising stops in New York, Virginia and Boston last week. Earlier, the president have pushing for a more cooperative Congress, suggesting it should focus on this year rather than making their projections for 2016 and focus on the presidential race.
While the world's largest economy is on the mend, with improvement recorded in all sectors, and the labour market showing surprising resilience in the recent weeks, tensions between Democrats and Republicans is still the biggest threat for future of the U.S. economy.
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