Obama's Approval Ratings Dropping Again

Obama's approval ratings are moving south once more. Earlier in the year his approval ratings touched -20 (those that strongly approve of him minus those that strongly disapprove). This happened during the healthcare reform debate. I think at the time Obama's approval ratings were suffering from both sides of the aisle. Conservatives didn't like another trillion dollar spending binge while liberals criticized Obama because they didn't think he would be able to pass it. So both sides disapproved of him.

When healthcare did pass, I think the left side of the aisle shifted to the approval column and Obama got a 10 point short term bounce from lefties (this is my viewpoint). But now he's plummeting again, and almost close to his previous lows.

Why the dumping again? I think people are realizing that with another trillion dollar bill passed, there's not much that separates the USA from Greece. People are becoming aware of the ridiculous spending and while Europe is beginning to take action by cutting expenses, Obama is oblivious to the whole thing as he continues to spend spend spend.

Obama thought he won a huge victory by passing healthcare. Ironically, I think this bill, if it is not repealed, will be what ends up destroying Obama.