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Obama: Previewing Thursday's economic speech

Reuters: "So far, President Barack Obama has not been able to convince most Americans that they are better off than they were four years ago. His next step may be to try to convince them that they would be worse off under his Republican rival, Mitt Romney. In an economic speech on Thursday that could set the tone for months of campaigning, Obama is not likely to unveil new ideas to boost the economy and create new jobs, according to Democrats familiar with the preparations for the address. Instead, he will make the case that he needs four more years to undo the damage left by George W. Bush, his Republican predecessor in the White House, and argue that a President Romney would bring back the weak financial regulation and budget-busting tax cuts of the Bush years."

The New York Daily News reports global approval of President Obama has dropped, according to a Pew Research Center poll: “The global enthusiasm for US President Barack Obama has fallen ‘significantly’ since he took office in 2009, but in many countries there is still strong support for his re-election in November, according to a poll released Wednesday by the US Pew Research Centre. Confidence in Obama fell from 86 per cent in 2009 to 80 per cent in Europe, and from 85 to 74 per cent in Japan, the two regions where the US president is most popular.”

“The 2008 donors who haven't returned to President Obama are disproportionately centrists and very liberal Democrats, while regular Democrats have stuck by the president, according to a new analysis of campaign finance data. The analysis, by Stanford political scientist Adam Bonica, matches and deepens a BuzzFeed finding that roughly 90% of those who gave more than $200 to Obama haven't returned, a mark of the disillusionment among some of his early supporters and of his ongoing struggle — despite the advantages of organization and incumbency — to keep even with his 2008 fundraising totals,” BuzzFeed reports via Political Wire.