In Obama We Trust? A new New York Times/CBS poll gives President Obama a 66 percent approval rating and finds that 39 percent of Americans think the country is headed in the right direction, up from a mere 7 percent in October. 56 percent of Americans approve of Obama's handling of the economy. 20 percent think the economy is getting better, up from 7 percent in January. 31 percent, meanwhile, have a favorable review of the Republican Party—the lowest in the 25 years since The New York Times started asking the question.