Oh, the fickle American voter.

President Obama’s approval rating is falling like the October 2008 stock market. Zogby puts Obama’s approval rating at 45 percent and disapproval rating at 51 percent:

“None of these numbers looks counter-intuitive to me. Gallup, NBC, and Pew all have Obama at record lows. Rasmussen also shows low approval. Things are volatile out there and news travels fast. There is a lot of anxiety over healthcare,” said Zogby International President and CEO John Zogby. “The President let it get away from him and voters are scared right now. They are experiencing sacrifice overload and feel more threatened than empowered. The President is being forced to play defense and he is much better when he is in possession of the ball. But do not underestimate Obama. Last August he was toast.”

The main difference is that last August, Bush and McCain owned the economy, and Obama had successfully sold the fib that he was a left-leaning moderate. Now, with socialist health-care proposals, bailouts, DE-stimulus bills, and cap-and-trade under his belt, the truth is emerging.