Obama's approval on economy falls to new low

The question is when these low approval numbers on the economy will impact his overall approval ratings.

Public approval of President Obama's handling of the economy has fallen to a new low, according to Rasmussen Reports, which found only 31 percent of those surveyed approved of the chief executive's performance on the issue.

"A new Rasmussen Reports national telephone survey of Likely Voters show that just 31 percent rate Obama’s handling of economic issues as good or excellent. Forty-five percent say the president is doing a poor job handling these issues," Rasmussen said.

Obama's rating on the economy was at 34 percent last week, not strong but still measurably above the 31 percent mark this week.

Obama is taking his biggest hits on the economic issue among voters aged 40 and older, according to Rasmussen. . . .