In August last year I published a list of ten key reasons why the Obama presidency was in serious decline. This is a sequel to that post, which was one of the most read pieces on The Telegraph website in 2010. Twelve months on, the outlook continues to look exceedingly bleak for President Obama, with no sign of a recovery.
July was the worst month for the Obama presidency since the November mid-terms which saw his party emphatically drubbed in Congressional elections across the country. The president hit an all-time low with a Gallup poll at the end of the month giving him just 40 percent approval, with his rating among independents plummeting to just 34 percent. The outlook became even worse at the start of August, with dramatic falls in the stock market, and the historic decision by credit rating agency Standard and Poor’s to downgrade America’s debt.
As the latest RealClear Politics average of polls shows, less than a quarter of Americans believe the country is moving in the “right direction,” a damning indictment of the first 30 months of the Obama presidency. According to Rasmussen, that figure is as low as 14 percent, the lowest level of public confidence since November 2008.
I’ve outlined below ten key reasons why the Obama presidency continues to flounder, after a very short-lived bounce in the spring.
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