President Obama was dealt a horrible hand when he stepped into office in the middle of the worst recession since the Great Depression.
But when next year's election rolls around, there's no question who will be held responsible.
And the latest poll numbers from Bloomberg aren't looking good for the President.
President Obama's "job approval" rating is now down to 45%--a record low53% of "independents" disapprove of his performance62% of Americans disapprove of his handling of the economyOnly 36% of Americans approve of Obama's job-creation effortsOnly 30% approve of his response to the budget deficitOnly 39% approve of his approach to healthcareOnly 40% of Americans think Obama's new jobs package will work56% of "independents" think the jobs package will not work46% of "independents" say they definitely won't vote for ObamaOnly 21% say they will definitely vote for him (In 2008, Obama got 52% of the independent vote)Since World War 2, no incumbent American president has won re-election with the unemployment rate above 7.2%. It's now 9.1%.
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