WASHINGTON (AP) -- Americans are growing more optimistic about the economy, a sentiment that is benefiting President Barack Obama despite public disenchantment with his handling of rising gasoline prices and swollen government budget deficits.
An Associated Press-GfK poll finds that more than 2 out of 5 people believe the economy will get better, while a third think it will stay the same and nearly a quarter think it will get worse, a rebound from last month's more pessimistic attitude. And for the first time since the 100-day mark of his presidency, slightly more than half approve of Obama's stewardship of the economy.
Both findings represent a boost for Obama, though he still must overcome ill will over government red ink and the high cost of gas at the pump.
(Copyright 2011 by The Associated Press. All Rights Reserved.)