Friday, April 15, 2011
The latest Gallup Daily tracking three-day average is more bad news for President Obama. His job approval has sunk to an anemic 41%. This ties his low as president, which he registered three times previously — twice in August 2010 and once in October 2010.
Gas prices now above $4 a gallon in many markets and analysts forecasting $5 a gallon by the Memorial Day, coupled with Obama’s decision to involve the U.S. in the Libyan civil war, and unemployment near 10% are all likely factors for Obama’s declining approval ratings.