President Obama has won the Nobel Peace Prize, but nobody thinks he deserves the Nobel in economics. Despite $800 billion of economic stimulus and the accumulation of a $1.4 trillion deficit, he has been unable to lower the unemployment rate below 9.8%.

The most ominous signal yet for the Obama health care plan emerged in the poll by Scott Rasmussen released today. While public support for the plan fell to a new low (42% support, 53% oppose -- down five points in two weeks), the elderly emerged as the strongest opposition group.

Superficially, the United States appears to have a presidential system, but in fact it more and more resembles a parliamentary form of government.

In the polling hierarchy, the least signif icant data measure is a president's per sonal popularity. Here, President Obama excels, with most polls showing him in the high 60s. Next comes his job approval, significant but not necessarily predictive.

To quote the esteemed Rev. Jeremiah Wright, the chickens that were hatched in the stimulus package are coming home to roost in the healthcare proposal.

It's increasingly looking like President Obama may be sunk by his own deficit.

At last there is convincing evidence that Obama’s poll numbers may be descending to earth. While his approval remains high – and his personal favorability is even higher – the underlying numbers suggest that a decline may be in the offing.

The Rasmussen poll conducted over the weekend of May 30-31 asked a key question designed to give us perspective on Obama's current popularity.

Obama's liberal philosophy dictates that when the news is bad, shoot the messenger. The newest data from Arbitron, the company charged with measuring the size of radio audiences, suggests that listenership to hip hop, inner city, and minority radio has been overstated in the past and that the popularity of conservative talk radio has been under-reported.

From Caroline Glick, deputy editor and op-ed writer for the Jerusalem Post, comes alarming news.