46% Strongly Disapprove is by far a new high.
When you look at the Overall Approve / Disapprove numbers, the former is at 44%, which is not a new low. The latter is at 56% which IS a new high. Neither is the Strongly Approve number a new low.
My money is on a two-part shift happening. At face value it would seem that a contingent of those who approve of Obama's performance moved into the "disapprove" and another contingent migrated from "disapprove" to "strongly disapprove".
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