President Barack Obama is experiencing an approval rating that is at a three-year high, while Republicans' favorability is hitting an all-time low, according to a Bloomberg poll.

While Republicans are toying with the nation's economy as they refuse to make a deal on the upcoming sequester deadline, President Obama got a 55 percent approval rating on his performance in office and his economic message in the national Bloomberg poll taken February 15 through February 18. This is the highest approval rating the President has seen since September 2009.

Meanwhile, just 35 percent of Americans polled approved of the job being done by Republicans, with the group falling six percentage points over the last six months. The current Republican approval rating is the lowest since the poll began surveying Americans in September 2009.

“The Republicans are not offering any new solutions,” said poll respondent Cynthia Synos, 62, a political independent living in a St. Louis suburb, according to Bloomberg. “Their answer is always tax cuts and incentives for business. I’ve never heard them say anything innovative to spark the economy that would help the other 85, 90 percent of people that have to deal with the economy as it is.”

According to the poll, Americans favor Obama's proposals for job creation, including increased governmental investment in education, alternative energy and infrastructure, over those offered by Republicans 49 percent to 44 percent.