The popularity polls for Obama are sinking fast despite almost messianic slavish type of media coverage. A certain part of this is due to anger over the economy which has not improved much.
The President gets too much credit when things are good and too much blame when things are bad.
It is very early on in the Obama administration and my personal philosophy understands the business cycle. No doubt Obama's ham handed policies will exacerbate and prolong the economic downturn.
The midterm elections will be here before you know it and if conditions do not improve history indicates the GOP will pick up seats. It will be instructive to see if Democrats embrace or distance themselves from Obama if the economic woes continue. In a normal functioning party one could even expect a major primary challenge if these economic woes continue. Then again nobody should ever claim the Democrats are normal and well functioning.