With President Obama now in full campaign mode, the question becomes, can he win reelection despite some misgivings from the vast majority of the American people? A new Marist College-McClatchy poll delivers this bad news to the president: 64% of Americans now think the country is moving in the wrong direction, while just 31% believe the USA is on the right track. That is the highest “wrong direction” number since November 2007, when the country was heading into a deep recession.

In normal times, that kind of poll number would be catastrophic for a president about to enter the re-election season. But these are not normal times. A new Washington Post/ABC News poll says that, despite the country’s dour mood, Mr. Obama would still beat every single Republican who’s shown any interest in running. Mitt Romney provides the closest challenge; he loses 49% to 45% in the survey.

Of course, polls are just snapshots in time, and the truth is that anything could happen in the election of 2012.

The president’s main problem is the economy, including the massive debt his administration is running up. Few believe that Mr. Obama is serious about cutting entitlement spending, and with gas prices exploding, the folks are getting hammered. This week the president blamed speculators for the oil debacle, and he’s right. But what’s he going to do about it?

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