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Tags: Romney | Trust | Obama | Economy

CNBC Poll: Romney More Trusted Than Obama on Economy

Friday, 08 June 2012 09:52 AM EDT

Americans trust Mitt Romney to handle the economy more than they do Barack Obama, a CNBC poll finds.

Branding Obama as very liberal or socialist might prove to be a turnoff among American voters, however.

The CNBC poll of 800 Americans finds 39 percent of Americans see Romney's polices as best for the economy while Obama trailed at 33 percent.

Editor's Note: Obama Donor Banned This Video But You Can Watch it Here

A third of the public deemed President Obama to be very liberal, down six points from an NBC/Wall Street Journal poll in June 2009, likely due to the killing of Osama bin Laden and to military campaigns in Afghanistan.

CNBC adds that 47 percent of Americans who label Obama very or somewhat liberal represents a ten-point drop during that period as well.

Romney, however, is battling his own headwinds, as appetite for pain associated with cutting spending may be waning.

"American’s appetite for deficit reduction appears to be on the wane. Asked what they would prefer instead of the automatic budget cuts recently enacted by Congress, 55 percent of the public wanted a plan with fewer cuts, up from 43 percent in November when we last asked the question," CNBC adds.

"Just 12 percent of the public wants Congress to push ahead with the existing plan, and 22 percent want more cuts."

Spending cuts are set to kick in at the end of the year at the same time tax cuts are due to expire, a combination dubbed by Wall Street as a fiscal cliff that could siphon hundreds of billions of dollars out of the economy and send the country back into recession.

A separate poll conducted by Gallup, meanwhile, shows a good chunk of Americans harbor intense views against the candidates.

Currently, 22 percent of Americans harbor a strongly positive view of Obama and 25 percent a strongly negative one, yielding a score of -3 for the president.

Romney's -7 score is based on 11 percent strongly favorable and 18 percent strongly unfavorable opinions.

"Intensity of opinion matters, because in theory those who have stronger opinions are more likely to act on those opinions, which in the election context means voting," Gallup reports.

"Indeed, Gallup finds a higher percentage of those with strong opinions of either Romney or Obama saying they 'definitely will vote' than is the case for those without strong opinions."

Editor's Note: Obama Donor Banned This Video But You Can Watch it Here

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Friday, 08 June 2012 09:52 AM
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