Barak “Welcome Back Carter” Obama: Job Approval Rating Drops to 40%….

President Obama’s job approval rating dropped to 40% during the week spanning Aug. 8-14, the lowest weekly average of his administration.

During this period, Obama’s three-day rolling average also hit a new low of 39% for Aug. 11-13, the first such average below 40% since he took office, though it recovered to 41% for Aug. 12-14.

With the exception of a dramatic national or international event, it is usually difficult to pinpoint the causes for the short-term ups and downs in a president’s job ratings.

In the current situation, it is reasonable to assume that several events of the last few weeks have played a part in depressing the public’s approval of Obama.

These include the widespread public disapproval of the way Washington handled the debt crisis, a substantial drop in the public’s confidence in the economy, and last week’s gyrations in the stock market.

Although the new lows in Obama’s job approval rating represent only a slight drop from his previous low readings, they symbolically underscore the weaker position the president is in as he begins a “listening tour” of the Midwest this week.

From:  http://www.gallup.com/poll/149003/Obama-Weekly-Job-Approval-Lowest-Administration.aspx?utm_source=alert&utm_medium=email&utm_campaign=syndication&utm_content=morelink&utm_term=All%20Gallup%20Headlines%20-%20Politics%20-%20Presidential%20Job%20Approval

 

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