I say his approval rating should be important when he has at least been in office 25-50% of his term...the problem is people expected an over night turn around...
It's not even that...he's going about solving our problems in the worst possible ways. Government health care is not going to solve the nation's problems...bailouts are only allowing the government to take over private businesses, which is not a legit action. The stimulus package was a load of shit from the jump...which only made matters worse. NOT TO MENTION, nobody read the thing before they approved it. Did you know we spent millions (I believe $1.7) to research why pigs smell?
On top of all these "great ideas" for "change" that Obama has, people are finally starting to realize WHO is going to pay for all this shit. Me, you, my kids, your kids, all of our grandchildren. I mean, really...he managed to add what, $7 Trillion to our national debt in a matter of months? You don't solve economic problems by spending more money...you uplift the economy by giving money back to the citizens so THEY can spend it.
He's right up there with Jimmy Carter right now. His approval rating wouldn't be so bad if he wasn't approaching shit from a socialistic standpoint.
In any case, it's not all Obama's fault. His house is more to blame than he is, because they aren't thinking.