Uh-oh: Maybe the sky is falling …

Maybe the President was right when he went around the country shouting that the Sequester would cause great damage.

He probably wasn’t thinking about his approval ratings, though.

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The latest Gallup daily tracking poll (a 3-day moving average) reported that 47% approve of the job he’s doing as president.

Obviously, below the 50% Mendoza line.

More interesting: since it’s a 3-day moving average, the drop on March 1 must have been in the low 40s in order to drag the moving average down so precipitously.

Could be noise … or could be signal … reflecting reaction to the debunked catastrophe stories, the Woodward bruhaha, or turn-off to the non-presidential Chicken Little routine.

We’ll see.

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