In the latest Gallup Poll, Obama’s approval has now fallen to 45% with 46% disapproving of his job.
With the economy faltering and rumors that we are falling into a double deep recession… or worst, a Great Depression, many more Americans are blaming the President.
The “blame Bush” excuse is no longer carrying the administration the same way it did last year. As Time Magazine recently reported in their latest issue, “This is now the Obama economy”.
Any bounce the President received in the aftermath of the Osama bin Laden killing has all but dissipated.
With the NASDAQ turning negative for the year and the DOW and S&P 500 expected to follow, many will find that their 401k and investments aren’t worth as much this month. This will continue to weigh down on the President’s approval numbers.
China, today, has already warned that the United States is in default. Continued mismanagement of the economy by the Obama administration will only contribute to the precipitous decline in his approval numbers.
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