President Obama's Approval Ratings Hit a Record Low

Just as the presidential campaigns go into full swing President Obama's approval ratings have hit an all time low.

According to the Washington Post, more than 60% of 1,001 randomly tested Americans say that they question the way Obama has handled our failing economy.

However, 43% approved of the way he handled his job overall. Strangely enough, only 28% of the polled group approve of the way Republicans have proposed to handle the economy.

Take a look at this graph which illustrates Obama's declining approval rates:

You can see that his disapproval ratings have shot up in the last few months. Since the beginning of August there have been several things which demanded President Obama's full attention; several disasters that have been beyond his control. With the recent earthquake, several hurricanes, and the struggling employment rate, Obama was bound to lose.

At his best, Obama had a 63% approval rate (which is considered excellent) when he began his presidency but he is now 20% lower than that and doesn't seem to be getting any better.

Obama's opportunity for redemption will come in his upcoming speech for a $300 Billion jobs plan. The speech is scheduled to take place this Thursday evening. President Obama's plan will include payroll tax cuts and an extension of unemployment benefits. If the speech is a sucess with the public it has the potential to send his approval rates soaring! However, only time will tell if the American public is willing to once again put their faith into the president's ideas.

Based on poll results it seems that the American public is unhappy in general! People are tired of feeling hopeless and they don't seem to think that any party can get us out of this mess. Let's hope that these next few months can bring new changes and opportunities.