Obama’s popularity rating hit a new low of 48% last month in the wake of his poor handling of the gulf of Mexico oil spill aftermath. Now with no money in the coffers, and the unemployment ruling at over 9.5% , he is left with no choice but only hope for God’s help.
Also complicating his problem is the reluctance of China in appreciating it’s currency. It is not expecting to raise it beyond a few basis points fearing exports crash. Also stronger countries like Germany and France are now talking of cutting down on their lavish spending style, which can pull down the weak US exports further.
And on the politics front, the Iran and Afghanistan problems are intact and are only growing bigger in size. So as of now, nothing is going right for the US President, and he is only likely to see further dip in popularity rating in the coming months.