Obama Job Approval Falls; Most Say U.S. on Wrong Track

Anxiety about the economy and frustration with Washington has weighed on President Obama’s approval rating going into the 2012 elections, a new Reuters/Ipsos poll found. In the wake of the partisan debt ceiling battle and U.S. credit rating downgrade, Obama’s job approval dipped to 45 percent, down four percentage points from a month ago. Ipsos pollster Julia Clark told Reuters Obama's approval rating would have to fall into the '30s to threaten his re-election chances. But rising discontent over the state of the nation could also affect his chances. Seventy-three percent of Americans said they agreed the country was “off on the wrong track,” the highest percentage since the height of the 2008 financial crisis, according to Reuters. Nearly half of those polled said they believed “the worst is yet to come” with the economy.

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