Job fears grip voters as Obama ratings fall

Job fears grip voters as Obama ratings fall: Additional Americans now condemn of President Barack Obama than endorse of him as high unemployment and government expenditure scare voters ahead of November's midterm elections, Reuters/Ipsos poll found on Tuesday.

In the newest grim news for Obama's Democrats, 72 percent of people said they were very concerned about joblessness and 67 percent were very worried about government spending.

The unemployment rate of 9.5 percent and the enormous financial plan deficit are exhausted down the Democrats and eating away at Obama's fame only 20 months after he took office on a wave of hope that he could rotate the economy.

One more bit of bad economic data arrived on Tuesday when the National Association of Realtors accounted that sales of existing homes falled in July to their slowest pace in 15 years.

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