The latest Gallup poll shows the President’s approval rating at 45 percent in September, which spells bad news for his party at the polls next month:

“Presidents’ approval ratings at the beginning of October in their first midterm election year are generally similar to what they will be at the time of the election. Richard Nixon is the only president whose rating improved significantly (from 51% to 58%) in the final weeks leading up to his first midterm election. If Obama’s approval rating does not improve in the coming weeks, his support will be similar to that of Ronald Reagan (42% in 1982) and Bill Clinton (45% in 1994), both of whose parties suffered substantial congressional losses in the midterm election.”