Sneak peak at David Axelrod's first 'state of the campaign' memo

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From David Axelrod via The Politico Playbook:

This is the first in a series of memos on the state of our campaign … Members of the media have focused on the President’s approval ratings as if they existed in a black box. Following the intransigence of the Republicans during the debt debate, the approval rating of the GOP brand dropped to a historic low. The approval rating of Congress dropped to a near historic low. Americans are still dealing with the impact of the financial crisis and recession and the long-term economic trends that have seen wages stagnate for many, and that is manifested in their anger towards Washington. There’s no doubt that Americans are calling on leaders in Washington to take immediate action to address their economic challenges — exactly what the President is advocating for. ..

“Despite what you hear in elite commentary, the President’s support among base voters and in key demographic groups has stayed strong. According to the latest NBC-WSJ poll, Democrats approve of his performance by an 81%-14% margin. That’s stronger than President Clinton’s support among Democrats at this point in his term and, according to Gallup, stronger than any Democratic President dating back to Harry Truman through this point in their presidency. … The base is mobilized behind the President. 12,000 individuals applied to join the campaign as volunteer summer fellows, more than in 2008. 1,100 students across the country are organizing their campuses in support of the campaign as fellows this fall. We had 552,462 individuals give to the campaign in the second quarter — more than we had in all of 2007. Of our 552,462 total donors to the 2012 campaign so far, more than 260,000 of them are completely new to the Obama organization and have never given before.

“The Republicans have yet to choose a nominee, and therefore, most Americans have yet to learn much about their records or visions for the country. Their candidates are busy courting the Tea Party, signing off on any economic pledge it might demand – no revenue increases under any circumstances, ending Medicare as we know it, draconian cuts that will hamper job creation. … Despite the Republican candidates just beginning to undergo the media scrutiny that occurs during a presidential campaign, from North Carolina to Nevada, the President remains ahead or in a dead heat with the Republican candidates in the battleground states that will decide the election in 2012.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.