Obama’s odds on Intrade of getting reelected in 2012 peaked a couple of months ago and have been falling steadily since.
As of today, he has a 59% chance of getting reelected.
Our Politics Editor John Ellis thinks Obama’s current odds are likely worse than Intrade suggests. In recent polls, 68% of Americans say they think the country’s on the wrong track. This percentage, Ellis says, is deep into “uh oh” territory for an incumbent president.
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