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The CNN/Opinion Research Corporation poll out Monday afternoon suggests that the country's financial crisis, record low approval ratings for President Bush and a drop in the public's perception of McCain's running mate could be contributing to Obama's gains.
Fifty-three percent of likely voters questioned in the poll say they are backing Obama for president, with 45 percent supporting McCain.
That 8-point lead is double the 4-point lead Obama held in the last CNN/Opinion Research Corporation poll, taken in mid-September.
Monday evening's CNN national Poll of Polls -- incorporating our new CNN survey, as well as new tracking numbers from Gallup and Hotline taken October 3-5 -- shows Obama leading McCain by 6 points -- at 49 to 43 percent.
President Bush may be part of the reason why Obama's making gains. Only 24 percent of those polled approve of Bush's job as president, an all-time low for a CNN survey.
And that's bad news for McCain, because the poll suggests a growing number of Americans believe the Republican presidential nominee would have the same policies as the current Republican president. Fifty-six percent say McCain's policies would be the same as Bush, up from 50 percent a month ago.
The financial crisis also appears to be contributing to Obama's increased lead in the poll. Sixty-eight percent are confident in the Democratic presidential nominee's ability to handle the financial crisis, 18 points ahead of McCain, and 42 points ahead of Bush.
More Americans appear to have an unfavorable view of Gov. Sarah Palin, and that may also be helping Obama in the fight for the presidency. Forty percent now have an unfavorable view of Palin, up from 27 percent a month ago and from 21 percent in late August, when McCain surprised many people by picking the first-term Alaska governor as his running mate.
Another hurdle for the Arizona senator is expectations. Six in 10 questioned in the poll predict that Obama will win the November election.
The poll was conducted Friday through Sunday, just after President Bush signed the $700 billion federal bailout into law. By a 53 percent to 46 percent margin, Americans oppose the bill.
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