Obama Approval Low, Chances of Reelection High

According to Rassmussen, 24% of the nation's voters strongly appprove of the way that Obama is performing his role as president and 44% strongly disapprove, resulting in a Presidential Approval Index rating of -20 (see chart above, see trends here).   This is close to an all-time low for Obama - the only lower ratings were the readings of -21 on March 19 and 20.

According to Intrade, there is a 87% chance that Obama will be the Democratic candidate for President in 2012, and a 60% chance that the Democratic candidate will win the 2012 election.