So much for the hope-n-change unicorns and rainbows.
(Reuters) — Americans’ confidence in the way the country is going has slumped to a two-year low in the last month, and one pollster blamed soaring gas prices.
A Reuters/Ipsos poll showed on Wednesday the proportion of people who believe the United States is on the wrong track rose seven points to 64 percent from February, in a fresh challenge to President Barack Obama.
It was the highest number of people in an Ipsos poll who think the country on the wrong track since Obama took office in January 2009. The survey comes as many indicators show an improving U.S. economy.
Ipsos pollster Cliff Young said the rating was a direct result of gasoline prices that have risen sharply in recent weeks amid tumult in North Africa and the Middle East.
“We are moving into a scenario in the near-term that is much more uncertain given the issue of gas prices,” he said. “Gas prices specifically are things that affect people’s pocketbooks and have an immediate impact.”