Poll: Obama’s Approval Rating Falls Below 50 Percent

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WASHINGTON – For much of his first year in office, President Barack Obama has largely defied political gravity in the midst of skyrocketing unemployment, an ambitious legislative agenda and wars in Iraq and Afghanistan.

His approval rating remained above 50 percent, a plurality viewed his party positively, and even the number believing the country was on the right track — despite the bad news — temporarily spiked during his first few months on the job.

But now nearing the end of his first year in office, the economy, the wars and the legislative skirmishes finally have taken a toll on the president and his party, according to the latest NBC News/Wall Street Journal poll.

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