Newsweek is out with a new poll that gives Barack Obama an eleven-point lead over John McCain:
The global financial meltdown has caused a dramatic shift in the 2008 presidential race, according to the latest NEWSWEEK poll. With four weeks left in the presidential campaign, Barack Obama now leads John McCain by double digits, 52 percent to 41 percent among registered voters—a marked shift from the last NEWSWEEK poll, conducted one month ago, when the two candidates were tied at 46 percent.
Underlying Obama’s surge in support: An historic boiling over of dissatisfaction with the status quo. An astounding 86 percent of voters now say they are dissatisfied with the way things are going in the United States, while a mere 10 percent say they are satisfied. That’s the highest wrong track/right track ratio ever recorded in the NEWSWEEK poll.
For context on just how toxic these numbers could be for the Republic party, consider that in October, 2006, weeks before the Democrats swept control of both houses of Congress, only 61 percent of voters expressed dissatisfaction. Twenty-five percent of voters say they approve of the job President Bush is doing in the White House, a record low for any president in the NEWSWEEK poll and close to the historic low-approval rating of 22 percent the Gallup poll recorded for President Truman, in 1952. Voters are crying out for change and, for now, believe that the Democratic presidential candidate has a greater likelihood of delivering it. Asked which ticket they thought was most likely to bring about change if elected, voters said Obama-Biden over McCain-Palin 52 percent to 37 percent. A month ago, Obama-Biden led by only five points, 47 percent to 42 percent.
It’s looking like a tidal wave, and McCain and Palin are being swept away.