As usual, it’s the economy. Here in Michigan things are just getting worse and worse. My state is falling apart. As long as the economic news continues to sour, people are going to perceive the stimulus/TARP as a failure, and Obama will ultimately take the heat.

However, I think it’s a bit too soon to think of this as a significant trend. If this keeps up over weeks and months, then yes. The next election is a long ways off… still time for the economy to recover.