The approval rating isn't as bad for him as it appears. Because of the watered-down healthcare reform, a lot of liberals are unhappy with Obama. This is also why "the current version of healthcare reform" polls so badly, is that nearly all Republicans vote against it, and a lot of liberal Dems as well.
So while these far left folks aren't happy with Obama at the moment, they're not about to vote for a Republican. Green Party or stay home is another issue...
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