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Gallup: Obama has a 35 Percent Approval Rating Among Business Owners

9:29 AM, Jul 26, 2012 • By MARK HEMINGWAY
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Yesterday, Obama senior campaign adviser David Axelrod claimed that the campaign wasn't worried about the damage being done by the president's "you didn't build that" remarks. Today, Gallup notes the following:

U.S. business owners' approval of President Barack Obama fell in the second quarter of 2012 to 35%, essentially tying farmers and fishers for the lowest approval among major occupational groups. ...

Although business owners represent just a small subset of the U.S. population, they are of course a critical component of the economy and overall economic optimism in the country. If business owners become more positive about Obama and his plans for the economy, that could potentially boost his approval ratings and broader U.S. economic confidence closer to the levels necessary for him to be well positioned for re-election. Conversely, further deterioration in his approval rating among business owners could certainly add to the perception that Obama is not doing enough to bolster small businesses in the country.

Here's another interesting thing about Gallup's finding:

Results are based on telephone interviews conducted as part of the Gallup Daily tracking April 1-June 30, 2012, with a random sample of 25,464 employed adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia.

That means that Obama had a 35 percent approval rating among business owners before the "you didn't build that" remarks. If the Obama team's not worried, they should be. 

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