Obama's Job Approval Rating Hits New Lows

According to Gallup.com, President Barack Obama's job approval ratings have hit new lows.

According to Gallup, President Obama's job approval rating currently sits at 40%, which is the lowest weekly average of his administration. Obama's three-day rolling average actually dropped under 40% (39% to be exact) from August 11th through to August 13th.

A full 52% of those surveyed by Gallup say that they are dissatisfied with the job that Obama is doing as President.

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Shortly after Osama Bin Laden was killed, Obama's job approval rating predictably surged.

In early June, Gallup.com reported that Obama had a job approval rating of 50%.

Since then, things have fallen apart for the 44th US President. The debt ceiling fiasco, subsequent S&P downgrade of US credit and the strong possibility of another recession have all conspired to bring Obama's approval rating down to its current level of 40%.

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So, how are things looking for Obama as he seeks re-election in November of 2012?

The answer? Not very good.

According to Gallup.com, ten incumbent presidents have sought re-election since WWII.

Of those ten incumbent presidents, NONE have won a second term with a final pre-election job approval rating of below 48%.

Can Obama work his way back to an approval rating that is in the high 40s/low 50s? That seems like a tall order at this point, but he IS an incumbent president that will have a mountain of cash at his disposal.

However, that mountain of cash likely won't help much if the United States slips into another recession between now and November of 2012. If the US does experience a "double-dip recession", then no amount of money and campaigning will help Obama in 2012.

Source: Gallup.com - Obama's Weekly Job Approval at 40%, Lowest of Administration

Filed under: General Knowledge