Keep one thing in mind as you absorb the following data: NBC/WSJ polls have traditionally produced some of the most favorable numbers for both the president and his healthcare law. So with that context in place, away we go:

(1) Obama drops to new nadirs within this polling series on both overall job approval (42/51) and personal favorability (41/45, down from 47/41 in early October):

(2) Nearly two-thirds of respondents say America is in a “state of decline.” The mood is sour out there.

(3) Democrats’ generic Congressional ballot has been sliced in half compared to the most recent poll. They now hold a 45-41 edge over the GOP. NBC/WSJ’s survey gave Democrats a small advantage on this question in October of 2010, weeks before Barack Obama’s party got demolished at the polls.

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