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Obama says declining approval rating expected

(Xinhua)

08:30, August 22, 2011

WASHINGTON, Aug. 21 (Xinhua) -- U.S. President Barack Obama said Sunday that he had expected a decline in his approval rating in the wake of the prolonged debt debate, and attributed that to Americans' frustration over the weak economy and partisan politics in Washington.

"I completely understand that (dropping approval rating), we expected that," Obama told CBS in an interview taped last week and aired Sunday.

Obama's approval rating dropped to 39 percent in a recent Gallup poll, the lowest level during his presidency so far. That number rebounded a little bit over the past week, but still at the low end of 40s.

"What they're frustrated right now is they want me to be able to wrangle Congress and get them moving ... And you've got an unemployment rate that is still too high, an economy that's not growing fast enough," the president said.

The jobless rate has been stubbornly high above 9 percent, and economic growth in the first half of this year was extremely weak, latest economic reports showed.

Still, Obama said there's no danger of another recession, a concern that was amplified by the recent stock market turmoil.

"But we are in danger of not having a recovery that's fast enough to deal with what is a genuine unemployment crisis for a whole lot of folks out there," he added.

Obama said the recent market turbulence was caused by "the fact that the economy has not grown as quick as it needs to."


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