Obama's new Gallup Poll job approval number is 47%. Last month it was 53%.
Regular Ticket readers will recall how in this space in late November we pointed out that Obama's closely watched job approval slide was coinciding with Palin's little-noticed rise in favorability. And it appeared they might cross somewhere in the 40s.
Well, ex-Sen. Obama, meet ex-Gov. Palin.
The new CNN/Opinion Research Poll shows Palin now at 46% favorable, just one point below her fellow basketball fan.
Malcolm oversells his point by comparing Obama's job approval rating to Palin's favorability rating. Though job approval and favorability are related, they are not the same thing. Most polls put Obama's favorability rating in the mid- to low-50s.
Neverthless, it is still fair to say that Palin's stock has risen while the president's has fallen.