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The fact that the President got no real bounce at all and saw no fundamental change in his ratings indicates the profound disquiet American voters feel with current economic circumstances. People can't put Osama's blood in their gas tank.

http://www.foxnews.com/opinion/2011/...-laden-bounce/

What Ever Happened to Obama's "Bin Laden Bounce"?

By Douglas E. Schoen

Published June 02, 2011

| FoxNews.com

Recent polling suggests that the successful raid on Usama Bin Laden’s compound last month has had at best, a modest and indeed, short-term impact on the president’s standings.

To be sure, President Obama garners justifiably high ratings for leadership generally and on the War on Terror. But there is no sense that his overall political standing has changed.

Indeed, President Obama’s job approval ratings are back at their pre-raid level in the latest Real Clear Politics average 51.8%-44.4%, and has dropped below fifty percent in the latest Gallup and Rasmussen polls.

It is clear that the Bin Laden raid alone will not be enough to reelect Mr. Obama in 2012.

The only way the President can turn these numbers around is to demonstrate real leadership on fiscal issues.

The 2% drop in the stock market yesterday underscores the real and fundamental political problem that President Obama and indeed both parties face -- the economy.