According to the most recent Rasmussen Survey, Obama’s approval has been on a steady, but mild decline coincident to the market decline. I think it is evident that the bungling nomination process (particularly at Treasury), the ill-conceived attack on Rush Limbaugh, and the growing unpopularity of the stimulus bill and Obama’s planned increase in government spending has contributed to the Obama slide. This from Rasmussen:

“The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 36% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-two percent (32%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +4, his lowest rating to date (see trends).”

In related news, there was a “Tea Party” in Little Rock this past weekend, organized to coincide with a Blanche Lincoln fund-raising event where Vice President Joe Biden made an appearance. The growing anti-tax, anti-gov’t spending movement is gaining momentum, though it has received relatively little attention in the main stream press.

Sobering graph illustrates what a trillion dollars would actually look like . Shudder.

Or at least that’s what it looks like in this graph.