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In the last five polls conducted this month, Obama has averaged an approval rating of 49 per cent and a disapproval rating of 46 per cent.
The latest RealClearPolitics averages show the approval rating of Congress to be just 12 per cent. Its disapproval rating stands at a staggering 79 per cent. This is not a new phenomenon. The relative halcyon days of an approval rating of over 20 per cent are nearly five years behind Congress.
So Obama may have a little political capital yet to spend with the "bully pulpit" of the presidency still at his disposal.
He is certainly on track to leave office with much more popularity than his predecessor did. When George W. Bush left the job in January 2009, his average approval rating was just 29 per cent (it was 32 per cent at this time in 2008).
Both Obama and Bush, however, are beat by Bill Clinton. His approval rating stood at around 66 per cent when he handed the reins to George W. in 2001.