Obama 's approval rating drops to all-time low; Public split on jobs plan (CBS Poll)

As concerns about the struggling US economy grow, a new CBS News / New York poll finds that President Obama 's overall approval rating has dropped to 43 percent, the lowest so far of his presidency in CBS News polling. In addition, his disapproval rating has reached an all-time high of 50 percent. Views of the president 's job performance are marked by a striking degree of polarization along party lines – the vast majority of Democrats approve (78 percent), while even more Republicans disapprove (89 percent) of how he 's handling his job. But only 37 percent of independents approve, with 54 percent disapproving. As for Mr. Obama 's rating on the economy, just 34 percent approve of the way he has handled the economy, with 57 disapproving. And on the issue of job creation, 40 percent approve and 53 percent disapprove. Obama 's jobs plan As for Mr. Obama 's latest proposal to lower unemployment, the American Jobs Act he presented to Congress last week, the public is split. While 64 percent say they have heard about the bill, Americans are divided as to whether the plan will actually create jobs. Nearly half of Americans are at least somewhat confident that Mr. Obama 's proposals will create jobs and stimulate the economy – 12 percent are very confident and 36 percent are somewhat confident. But about the same amount – 47% – are not confident his plan will do that. There is a wide partisan divide on views of the jobs plan. Four in five Republicans don 't have confidence that the plan will create jobs – while about as many Democrats do. Fifty-two percent of independents are not confident. (Excerpt) Read more at cbsnews.com …