Most Americans See Little Progress on Economy

69%

Of Americans believe President Obama has not made real progress in fixing the economy, which voters overwhelmingly cite as their most important issue, according to a new CBS News poll. Twenty-five percent say he has made real progress. Still, most don’t blame the administration for the state of the economy. Asked who was most to blame, 22% cited the Bush administration, followed by Wall Street at 16%, Congress at 15% and then the Obama administration at 12%. One in 10 said “all of the above.”

Most Don’t Know What ‘GOP’ Stands for

45%

Of Americans correctly identify the meaning of “GOP” as Grand Old Party, according to a new 60 Minutes/Vanity Fair poll. The second most popular choice, with 35% of the overall vote, was “Government of the People.” “Grumpy Old People” received 7% of the vote, “God’s Own Party” 3%, and 1% thought the abbreviation stood for “Gauntlet of Power.”

Report: Less Than 0.5% of Jobs Killed by Govt Regulations

Less Than 0.5%

Percentage of jobs killed by government regulations, according to a report from the Bureau of Labor Statistics. Despite Republican claims that government regulations are the main source of job growth stagnation, according to the report, in 2010 Q4, only 0.25 percent of “layoff events” were the result of regulation. In 2011 Q1, it was 0.4 percent. In 2011 Q2, it was down again to 0.3 percent.