Just a week before the New Year, Obama enjoyed his highest approval ratings of 2012. According to Gallup, 58% of Americans approved of the job Obama was doing. Survey results released today by Gallup, though, show Obama’s approval rating has plummeted to just 49%. It is a dramatic drop, especially coming over a holiday period when people traditionally pay little attention to politics. Four years ago, at his first inauguration, a full 69% of Americans approved of Obama.
The drop in Obama’s approval from 4 years ago is understandable, given the sluggish economy and the hope American’s had as his presidency began. The considerable drop from just a few weeks ago is more puzzling. According to the media, he was the “winner” of the fiscal cliff negotiations, getting most of the tax hikes he campaigned on and avoiding spending cuts.