Well, so far, Obama's approval ratings are tracking Reagan's quite closely (Reagan in red, Obama in blue):
This portends an ugly first few years for Obama and substantial midterm seat losses but good long term prospects for Democrats... as long as Obama can avoid selling guns to Al Qaeda and giving the money to Acorn.
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I've been thinking about Obama's prospects in terms of Reagan, what with this recession and all. Reagan was looking pretty sickly at the height of the recession in '82, but by '84 the economy had come back and it was "morning in America." Obama could benefit from the same kind of "market timing."
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