Obama Approval Rating Crashes to New Low

Barack Obama's standing with the public appears to be dwindling during the ongoing debt negotiations. Add to that a sour economy and a public souring the President is less-approved of than just several months ago. After a brief respite after the killing of Osama bin Laden, the President's job performance is not well-received by the people at large.

Case in point is the most recent Gallup tracking poll. Taken over the course of three days, the rolling poll is among the most accurate in the business. According to the poll, the President's ratings have been falling the last several weeks. In a similar Rasmussen poll out today, his performance is rated favorably by 46%.

For Gallup, which usually tallies a higher approval rating for Obama than Rasmussen, this is not the case. The latest three-day average has Obama's rating down-- significantly.

Approve: 40%
Disapprove: 49%
Other/dk: 11%

Obama's approval rating had shrunk in recent weeks. For example, it had been hovering at 42% in Gallup recently. However, now that it has reached 40%, it is the lowest approval rating that Obama has had since elected. It was at 43% before bin Laden was killed May 2.

Now there is word that GDP growth is slowing and the debt issue is still on the table. To make matters more complicated, the July jobs numbers are coming out next week and could damage his ratings further.

Please bookmark!