New NBC News/Wall Street Journal Poll Spells Bad News for Obama

President Barack Obama’s approval rating has hit a new low of 40 percent, according to a new NBC News/Wall Street Journal poll released Tuesday.

President Barack Obama speaks at the US Africa Business Forum during the US Africa Leaders Summit, in Washington, Tuesday, Aug. 5, 2014. (AP Photo/Charles Dharapak)

Only 14 percent of individuals approve of the split Congress, the poll also concluded.

“We’re in the summer of our discontent,” Democratic pollster Peter Hart, who conducted the survey with Republican pollster Bill McInturff, told NBC News. “Americans are cranky, unhappy… It is with everything going on the world.”

[sharequote align=”center”]“Americans are cranky, unhappy… It is with everything going on the world.”[/sharequote]

Some frustration appears to stem the economy and American political system.

Six in 10 individuals are not satisfied with the economy and 70 percent believe that the country is headed in the wrong direction, according to the poll. 80 percent are irritated with the political system.

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