Gallup Poll Now Has Obama Under Water in Job Approval, 45% Approve – 46% Disapprove … Now Stock Market Falls

More bad polling data for “The One”.

Add the Gallup poll to a list of many that have President Barack Obama’s job approval under water and trending downward. The most recent Gallup poll has Obama’s job approval at 45% approval, 46% disapprove. Obama finds himself under the 50% threshold that is most important for incumbents who are looking for reelection.

At Gallup to a myriad of polls, Rasmussen, Fox News, CBS, CNN, Quinnipiac and ABC/WAPO that all have Barack Obama under 50% approval rating and trending down. Obama’s “Bin Laden” bounce is obviously done and now Obama will face the ramifications of a poor economy and no jobs.

UPDATE I: With gas prices high, unemployment rising and the number of new first time unemployment claims rising as well … add a falling stock market to the list as the Dow Jones Industrial Average closes below 12000 for the first time since mid-March. The NASDAQ is now has turned negative for the year. Thanks President Obama.

The Dow industrials sank 172.45 points, or 1.4%, to 11951.91, the sixth straight week of declines. The Standard & Poor’s 500-stock index shed 18.02, or 1.4%, to 1270.98. That broad index also has notched six weeks of declines, the longest losing streak since 2008.

Two closely watched stock indexes turned negative for the year Friday. The Nasdaq Composite Index fell 41.14, or 1.5%, to 2643.73. The small-capitalization Russell 2000 fell 13.10, or 1.7%, to 779.54.