Everyone is abandoning Obama. 40% approval rating is being very kind to the president. The actual poll numbers are less than Bush approval numbers. We haven't seen 3 year of economic collapse under Obama in the 8 years of a Bush Administration. To say Obama's approval numbers are better than Bush is laughable.
(Gallup) PRINCETON, NJ -- President Obama's job approval rating is at a new low, averaging 40% in July 26-28 Gallup Daily tracking. His prior low rating of 41% occurred several times, the last of which was in April. As recently as June 7, Obama had 50% job approval.
Obama's approval rating averaged 46% in June and was near that level for most of July; however, it has stumbled in the past few days, coinciding with intensification of the debt ceiling/budget battle in Washington.
Obama's 40% overall approval rating nearly matches the recent 41% approval Americans gave him for handling the debt ceiling negotiations. Though Americans rate Obama poorly for his handling of the situation, they are less approving of how House Speaker John Boehner and Senate Majority Leader Harry Reid are handling it. Gallup does not include ratings of Congress or congressional leaders in its Daily tracking, and thus, there is no overall job approval rating of Boehner, Reid, or Congress directly comparable to Obama's current 40% overall job approval rating.
Obama's job approval rating among Democrats is 72%, compared with 34% among independents and 13% among Republicans. In the prior three weeks, his average approval rating was 79% among Democrats, 41% among independents, and 12% among Republicans.