Julian E. Zelizer
Special to CNN
[cnn-photo-caption image=http://i.cdn.turner.com/cnn/2010/OPINION/07/19/zelizer.obama.midterm/tzleft.julian.zelizer.jroemer.jpg caption="Zelizer: Until Obama shows he's focused on big concerns such as jobs, support in peril" width=300 height=169]
Princeton, New Jersey (CNN) - President Obama's supporters have been frustrated about the apparent paradox of this administration. With the recent passage of historic financial regulation legislation, many Democrats are having trouble grasping why his approval ratings still lag and why Democrats might lose control of the House in the fall elections.
Supporters say the economic stimulus bill, education and health care reform, and now financial reform, should have Americans looking at the White House with the same admiration they had for President Roosevelt in the 1930s or President Johnson at the height of his success in 1964 and 1965.
But according to a recent CBS News poll, just 40 percent of those polled approved of how the president was handling the economy. This was a drop of five percentage points since June.
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