From the Tuesday Morning Jolt:

The Overhyped Obama Bump Over Executive Amnesty
Peter Beinart’s theory:
Remember when pundits loved Barack Obama? It’s been quite a few years now. But I suspect some of the adoration is about to come back.
Politically, Obama’s immigration gamble is working. Fearful of alienating Hispanics or shutting down the government, Republican leaders have largely abandoned hope of overturning Obama’s move. What’s more, Obama’s approval ratings are up 15 points among Hispanics but have not dropped among Anglo whites. Add immigration to health-care reform and the fiscal stimulus and more commentators will start noticing that, whether you like Obama’s agenda or not, it’s been the most consequential of any Democratic president’s since Lyndon Johnson.
The executive amnesty may not have dropped Obama’s numbers among “Anglo whites” but that’s probably because they already hit the floor. And the bump among Latinos is pretty marginal in terms of the overall electorate. Take a look at Obama’s approval in the Real Clear Politics average for the past three months and see if you can spot the amnesty bump. It’s harder to find than Waldo:
The red line (skipping over the obvious “red line” joke) is Obama’s disapproval, steady in the low-to-mid 50s. The black line is his approval, steady in the low-to-mid 40s.
We often hear the accurate fact that Hispanics or Latinos are the fastest-growing demographic in the United States — but it’s easy to forget that amounts to only 17 percent of the U.S. population, as of 2012. A 15 point bump among that 17 percent of the electorate turns into . . . a 2.5 point bump overall.