In response to:

Not Too Much Clout

Gazinya Wrote: Dec 01, 2012 10:21 AM
When a peson writes a check to purchase something and there is no funds to cover the check, it is called 'check kiting'. The 'kiter' will know that it is bogus but the 'trusting' merchant that takes the check will not know until the check 'bounces'. The check is returned with 'insufficient funds' stamped on the returned check. Meaning 'of a quantity not able to fulfill a need or requirement'. The Obama is still 'kiting checks' on 'insufficient funds' that are still being 'cashed' by a trusting yet incompetent merchant. The Obama Bounce.
pascagoulapappy Wrote: Dec 01, 2012 10:44 AM
If the incompetent merchant cashes the check, does that give him "change we can believe in" ?

Generally, presidents enjoy a post-election approval rating bounce.  Nate Silver notes that since Harry Truman left office in 1952, the median bounce in approval has been 6.25%; the average has been 7%.  The bounce for Obama is the smallest since Truman (who actually lost a percentage point); he has enjoyed a bounce of only 2%.

As Silver points out, this may represent the hardened partisan divisions of the present day.  But it also makes it hard to argue that President Obama is sweeping into a new term on a resurgence of public approval -- and his inability to make that claim...