CBS News Poll: Down, Down, Down

Americans are getting more pessimistic about the economy - 60 percent say it's bad, the highest number recorded in a CBS News poll in ten years - and a majority disapproves of the way President Bush is handling it.

Many think declines in the economy and the job market have occurred under the Bush Administration's watch, and the President receives poor ratings in this area. In this poll, 36% approve and 52% disapprove of his handling of the economy -- his most negative evaluations in this area since he took office.

And most Americans think the president has made little progress creating new jobs. 55% think he has made not much or no progress in this area, and 39% think he has made at least some.