I find this interesting. A new Gallup poll found that President Obama's approval rating of 68% in January has slipped to 63%, while his disapproval rating has climbed from 12% to 24%. Two groups in particular have soured on the president. His approval among Republicans has plunged from a weak 41% to sickly 30% What's more, 58% of middle-class voters approve of him vs. 69% last month. Quick thoughts:
1) His middle-class "tax cut" does not appear to be paying political dividends.
2) This poll really undermines the theory that the public will continue to support the Obamacrats if the recession is a long one. "Blame Bush" has an expiration date.
3) Obama has supplied nothing but left-of-center policy prescriptions for a right-of-center nation There is tension between the two that the Gallup poll has picked up on. Yet the White House could have pushed a truly bipartisan stimulus bill, for instance, that recognized this reality (50 percent "real tax cuts," 50 percent infrastructure, and loans to states). Would have been smart economics, too.