Public Opinion

Obama Giddiness Syndrome

President-elect Barack Obama will take office on Tuesday with the broad support of the American people, according to a fresh NYT/CBS poll. Despite overall pessimism (80% acknowledging the economy is worse off compared to five years ago), 79% are optimistic about Obama's first term (including 58% of McCain supporters), a higher level than for the past five new presidents. In fact, 61% think the economy will improve in five years, up from 39% in April. Obama's 60% approval rating is now at its highest ever, with 70% of respondents approving of his Cabinet picks.