These two figures seem worth thinking about in tandem.
The first is from Google Trends—it’s the volume index for searches on the words “debt ceiling.” (I wanted to use the media mentions data but couldn’t download it—but it looks just like this.)
Source: Goggle Trends
The second is the recent Gallup result that only 26% approve of how the President is handling the economy.
I believe these two trends are related. Note that the big hump in Figure 1 comes right before the tanking of the last bar in Figure 2. The July debt-ceiling debacle did serious damage to the public’s opinion of just about every policy maker in this town.
I also don’t think that this extremely low approval rating will stick. In fact, I raise it here because I believe that if the President continues his hard pivot toward jobs and away from debt ceilings, budget baselines, and debt-to-GDP ratios, you will see that rating rise significantly.
So I’m offering a testable hypothesis. Let’s see what happens.