AP poll: Economic worries pose new snags for Obama

By JIM KUHNHENN and STACY ANDERSON | June 23, 2011 | 3:15 AM EDT

WASHINGTON (AP) — More Americans are convinced the country is headed in the wrong direction and fewer approve of President Barack Obama's economic stewardship. The sentiments pose a new complication for the president's re-election hopes and create an obstacle to a recovery that relies in part on public perceptions.

For the first time this year, less than 50 percent of respondents to an Associated Press-GfK poll say Obama deserves re-election. The new poll shows a split of 48-47 in favor, raising a new hurdle for the president as economic concerns strip away the gloss he gained in May after the death of Osama bin Laden.

What's more, four out of five now believe the economy is in poor shape, with 36 percent calling it "very poor," a new high in AP-GfK polling.