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26% is certainly reasonable.
This was one of my concerns pre-election. We saw how one party holding all the power worked out with GWB, and the potential is there for things to turn out equally as bad with the Democrats.
While Obama may have a calm and moderate image, he allowed Reid and Pelosi to write their own stimulus bill, did nothing to moderate pork-barrel spending, and proposed a budget that quadruples the deficit even using optimistic projections. He also intends to overhaul health care and education although as yet he doesn't appear to have an actual plan. These aren't the actions of a moderate and should be questioned, not blindly accepted.
I think you are underestimating many Americans. President Obama projected a calming demeanor and a "thoughtfulness" that those Americans felt were missing from President Bush's years. They knew they were going to get a calming thoughtfulness in his governing style. But our country's issues are a complex system. And the Obama Administration is another complex system. When multiple complex systems inter-react, you get unexpected and many times complex outcomes. You can't predict that. And you never know what you are going to get. President Obama's approval ratings are still high since those polled do feel they are getting what they voted for (calming thoughtfulness on policy) so far even though he's facing the rigors of governing. We Americans are fickle. Obama does something that "irritates" too much, those the voted for him will turn quickly.
@DaGoat: Your right about the Reid/Pelosi deal. I had a feeling that would happen since they were effectively "unchained" when Obama won. But it's still WAY to early to say "He also intends to overhaul health care and education although as yet he doesn't appear to have an actual plan". We'll see if the plan presents itself.
Another thing, why don't we change Congress when we always have a 50/50 split of the "Big Two" representatives and senators to force bipartisanship and FULL discussion. That would make things mighty interesting. Just thinking out loud...
Total Republicans 264 26.4%
Total Democrats 349 35%
Total Independents 385 38.6%
With a sample like that who can be surprised at the results? I mean does anyone believe for a second that only about 26.4% of Americans identify as Republicans?
The main place I disagree with him now is on the deficits of the proposed budgets, because I think they need to take the debt as seriously as they do healthcare. But it's not like he's flipped out compared either to his own campaign promises or the economic actions of the last admin.