Americans are growing increasingly pessimistic about the economy according to recent polls. While not blaming Obama directly for the current conditions, voters are frustrated that his policies have not improved the economy or led to more job growth. Obama's approval ratings have reached their lowest levels, driven by dissatisfaction with his handling of the economy and budget deficit. There is debate around how best to lower the deficit, with Americans wanting action but differing on whether spending cuts or tax increases on high earners are preferable.