http://blogs.telegraph.co.uk/news/nilegardiner/100058278/a-presidency-on-the-verge-of-a-nervous-breakdown-5-key-reasons-why-barack-obama%E2%80%99s-future-looks-increasingly-bleak/
****

** **
A presidency on the verge of a nervous breakdown: 5 key reasons why Barack
Obama’s future looks increasingly bleak ****

By Nile Gardiner <http://blogs.telegraph.co.uk/news/author/nilegardiner/>***
*

Forget the myth of an Obama
recovery<http://blogs.telegraph.co.uk/news/nilegardiner/100056732/diehard-liberal-elites-are-still-in-denial-over-obama%E2%80%99s-crumbling-presidency/>.
The past week has been disastrous for the White House and America’s
increasingly disillusioned Left. No wonder the angry and desperate Vice
President Joe Biden is talking about “playing
hell”<http://www.realclearpolitics.com/video/2010/10/08/biden_if_we_lose_were_going_to_play_hell.html>if
his party suffers defeat in November.
****

Here are five reasons why the Obama presidency’s outlook is getting
significantly worse, not better:****

*1. A new Gallup poll suggests the November mid-terms could result in the
biggest victory for Republicans in the House since 1894*****

Gallup’s latest
poll<http://www.gallup.com/poll/143363/gop-positioned-among-likely-midterm-voters.aspx>is
absolutely devastating in its analysis of the Democrats’ prospects for
November 2, projecting a 13 point lead for the Republicans based on higher
overall turnout, and a staggering 18 point lead if turnout is low. In
Gallup’s view:****

If there is a widely disproportionate skew in turnout toward Republican
voters and their national vote lead ends up being in the double digits, the
Republican gains would be very substantial.****

As leading election analyst Michael Barone
noted<http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/gallups-astonishing-numbers-and-the-lake-superior-congressional-districts-104321583.html>,
the Gallup numbers “suggest it looks like 1894, when Republicans gained
more than 100 seats in a House of approximately 350 seats.” If the Gallup
poll proves accurate, we could be looking at a GOP victory in the House of
Representatives of absolutely historic proportions, a scenario frightening
enough to give even the most seasoned Obama White House adviser nightmares.*
***

*2. The Senate now hangs in the balance*****

Rasmussen’s latest
projection<http://www.rasmussenreports.com/public_content/politics/elections/election_2010/election_2010_senate_elections/election_2010_senate_balance_of_power>has
both the Democrats and Republicans with 48 seats in the Senate, with
Florida moving into the solid GOP camp, and West Virginia moving from toss
up to leans GOP. Four states (all Democrat) are now in the toss-up
category: California, Illinois, Nevada and Washington. This is a highly
significant development, as this is one of the first polls to show the
Republicans and Democrats neck and neck in the Senate race. Over at *RealClear
Politics*, the current projection with no toss-ups, has the GOP and
Democrats at a dead heat of 50 seats
each<http://www.realclearpolitics.com/epolls/2010/senate/2010_elections_senate_map_no_toss_ups.html>,
with a projected Republican gain of nine seats.****

*3. The economic figures are grim*****

On the economic front, the news has been unremittingly grim for the Obama
administration over the past few days. The latest jobs data shows that a
net 95,000 US jobs were lost in
September<http://www.marketwatch.com/story/us-economy-sheds-95000-jobs-in-sept-2010-10-08?dist=beforebell>,
significantly higher than the 57,000 jobs lost in August. Unemployment also
rose to 10.1 percent, up from 9.3 percent in August and 8.9 percent in
July according
to 
Gallup<http://www.gallup.com/poll/143426/Gallup-Finds-Unemployment-September.aspx>.
Among Americans aged 18 to 29, that figure was 15.8 percent.****

The influential *Investor’s Business Daily* is now
warning<http://blogs.investors.com/capitalhill/index.php/home/35-politicsinvesting/2128-us-wont-recover-lost-jobs-until-march-2020-at-current-pace>that
the United States won’t recover the more than 8 million lost jobs
until March 2020:****

At this year’s pace, the U.S. won’t recoup all those 8.36 million lost jobs
until March 2020 — 147 months after the December 2007 high. That would
obliterate the old post-World War II record of 47 months set in the wake of
the 2001 recession.****

This is extremely bad news for the president, as his party heads towards an
election where his Big Government economic agenda will be the leading issue.
****

*4. A quarter of Democrats have turned against the president*****

Last week’s *Washington Post*/*ABC News*
poll<http://www.washingtonpost.com/wp-dyn/content/article/2010/10/05/AR2010100500005.html?sid=ST2010100500023>had
an astonishing but barely reported revelation – nearly 25 percent of
Democrats now believe “a return to Bush’s policies would be good,” a
staggeringly high figure. As *The Washington Post
*reported:<http://www.washingtonpost.com/wp-dyn/content/article/2010/10/05/AR2010100500005.html?sid=ST2010100500023>
****

Obama and the Democrats have argued that if Republicans were to gain
control of Congress, they would return to the policies of President George
W. Bush. Two-thirds of Democrats share that view and say it would be bad
for the country. But almost a quarter of Democrats say a GOP-led Congress
would take the country in a new and better direction or say a return to
Bush’s policies would be good.****

*5. George W. Bush is now as popular as President Obama*****

As I noted in an earlier
piece<http://blogs.telegraph.co.uk/news/nilegardiner/100058215/yes-president-bush-america-does-miss-you/>,
President Bush is making an extraordinary political comeback, even though
he is nowhere to be seen on the campaign trail and has kept completely out
of the political limelight since leaving office. A new *CNN *poll
reports<http://politicalticker.blogs.cnn.com/2010/10/08/cnntime-poll-was-bush-better-president-than-obama/>a
surge in popularity for the former president, who is now almost neck
and
neck with President Obama in terms of approval ratings. As *CNN* concluded:*
***

By 47 to 45 percent, Americans say Obama is a better president than George
W. Bush. But that two point margin is down from a 23 point advantage one
year ago.****

“Democrats may want to think twice about bringing up former President
George W. Bush’s name while campaigning this year,” says *CNN *Polling
Director Keating Holland.****

To describe this as a monumental embarrassment for Barack Obama, after
relentlessly bashing his predecessor’s leadership and policies for the past
20 months, would be an understatement. As I wrote
previously:<http://blogs.telegraph.co.uk/news/nilegardiner/100058215/yes-president-bush-america-does-miss-you/>
****

The *CNN* poll is of course deeply humiliating for the White House,
especially coming just three and a half weeks before the November
mid-terms. George W. Bush’s resurgence is in large part due to mounting
opposition to the Obama presidency’s left-wing agenda, but it is also
spurred by Obama’s image as an out of touch, aloof and elitist president,
divorced from economic and political reality on the ground.****

** **


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