Obama and the Economy: Success, Just Not the Right Kind

As it stands, the President has accomplished two of the three major goals that he campaigned on. He has largely been successful, and yet many Democrats fear they will lose control of the House come November. And many Independent voters have parted ways with the President. According to Gallup, President Obama's job approval rating among Independents is down from 65 percent – when he took office – to a mere 38 today.

Last Sunday, Press Secretary Robert Gibbs admitted that the Democrats might lose seats this fall and Thursday, in an interview with Chuck Todd, the President himself gave voice to this truth.

"If unemployment is 9.5 percent," President Obama said. "The party in power is going to have some problems, regardless of how much progress we have made and how much worse it would be if the other side had been in charge."

The fact may be then that, until Americans get jobs, any other Presidential successes are inconsequential.

"He has been successful," says VandeHei. "But it's the wrong kind of success, at least for independent minded voters right now."

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