Pessimistic Democrats pointed to the economy - and the White House's handling of it - as the primary source of Obama's re-election woes. "Either voters feel real economic growth in the next year," said one Democratic Insider, "or Obama will feel their wrath."
Another suggested that "mismanaged messaging on how long the recovery would take makes it less than 50/50 that he's re-elected." A third agreed, saying, "The terrible economy and the White House's inability to successfully frame their case may yet cost Obama a second term."
Republicans, too, saw the continued lagging of the economy as a significant factor working against the president's popularity among key swing voters.
"Unemployment remains high, businesses refuse to invest in our country, and the president is caving on major environment priorities," said one Republican Insider. "He has little support with independents and now his own base is questioning him. He will be Jimmy Carter II."
"Winning reelection when two-thirds of the country thinks we are on the wrong track is a very tall order," said another.
However, Insiders on both sides of the aisle raised questions about the effectiveness of the opposition Obama was likely to face.
Obama will win, said one Democratic Insider, "because the Republicans will be choosing their nominee from one of the weakest fields in memory and he'll outspend them in swing markets by at least 2-1."
"He's got natural political skills, the power of incumbency and the likelihood of a weak opponent," said another Democrat. "Combined, that should allow him to overcome a terrible economy." A third concurred: "Only one thing matters: no Republican candidate is electable."
Republicans were more muted, but expressed similar caveats.
"He will have few accomplishments to run on, said one Republican Insider, "but a billion dollars to turn the GOP nominee into a radioactive leper."
"I would rank [Obama's] chances even lower but for the weakness of the GOP challengers," added another.
Another suggested that Obama would have a difficult time prevailing "unless Republicans nominate someone unacceptable to independents (which we are fully capable of doing)."
Still, some Republicans see this summer as a potential tipping point for the president's fortunes.
"August was the first time since his election that I thought President Obama's reelection was not probable," said one Republican Insider. "If he can correct in September, I will go back to leaning toward his reelection, but he had a brutal August."
This is "the summer of our discontent - like Carter 1979 and Bush 2005," said another. "Those Presidents never recovered."
The National Journal Political Insiders Poll is a regular survey of political operatives, strategists, campaign consultants and lobbyists in both parties. Below are the names of the Political Insiders who are surveyed:
Democrats: Jill Alper, John Anzalone, Brad Bannon, Dave Beattie, Andy Bechhoefer, Cornell Belcher, Matt Bennett, Mitchell W. Berger, Mike Berman, Stephanie Bosh, Paul Brathwaite, Donna Brazile, Mark Brewer, Ed Bruley, George Bruno, Deb Callahan, Bonnie Campbell, Bill Carrick, Guy Cecil, Martin J. Chavez, Tony Coelho, Larry Cohen, Jerry Crawford, Brendan Daly, Jeff Danielson, Peter Daou, Howard Dean, Scott DeFife, Jim Demers, Tad Devine, David Di Martino, Debbie Dingell, Monica Dixon, Patrick Dorton, Pat Dujakovich, Anita Dunn, Jeff Eller, Steve Elmendorf, Carter Eskew, Vic Fazio, Peter Fenn, Scott Ferson, Jim Fleischmann, Tina Flournoy, Don Foley, Jeffrey Forbes, Vincent Frillici, Gina Glantz, Niles Godes, John Michael Gonzalez, Joe Grandmaison, Anna Greenberg, Stan Greenberg, Pat Griffin, Larry Grisolano, Michael Gronstal, Lisa Grove, Marcia Hale, Jill Hanauer, Dick Harpootlian, Paul Harstad, Laura Hartigan, Doug Hattaway, Mike Henry, Karen Hicks, Leo Hindery Jr., Harold Ickes, Marcus Jadotte, John Jameson, Steve Jarding, Jonathon Jones, Jim Jordan, Gale Kaufman, Lisa Kountoupes, Celinda Lake, David Lang, Penny Lee, Chris Lehane, Jeff Link, Bob Maloney, Jim Manley, Steve Marchand, Jim Margolis, Paul Maslin, Keith Mason, Susan McCue, Gerald McEntee, Tom McMahon, Phil McNamara, David Medina, Michael Meehan, Mark Mellman, John Merrigan, Michael Monroe, Steve Murphy, Janet Napolitano, David Nassar, Marcia Nichols, John Norris, Tom Ochs, Tom O'Donnell, Jeffrey Peck, Debora Pignatelli, Tony Podesta, Jack Quinn, Larry Rasky, Mame Reiley, Ed Rendell, Steve Ricchetti, Will Robinson, Steve Rosenthal, David Rudd, Ryan Rudominer, John Ryan, Michael Sargeant, Stephanie Schriock, Terry Shumaker, Sean Sinclair, Phil Singer, Erik Smith, Doug Sosnik, Greg Speed, Darry Sragow, Ken Strasma, Doug Thornell, Jeffrey Trammell, Ed Turlington, Rick Wiener, James Williams, JoDee Winterhof, Brian Wolff, Jon Youngdahl, and Jim Zogby.
Republicans: Dan Allen, Stan Anderson, Gary Andres, Saulius (Saul) Anuzis, Rich Ashooh, Whit Ayres, Brett Bader, Mitch Bainwol, Brian Baker, Gary Bauer, David Beckwith, Paul Bennecke, Clark Benson, Wayne Berman, Brian Bieron, Charlie Black, Kirk Blalock, Carmine Boal, Jeff Boeyink, Ron Bonjean, Jeff Buley, Luke Byars, Nick Calio, Al Cardenas, Danny Carroll, Alex Castellanos, Ron Christie, Jim Cicconi, Jonathan Collegio, Rob Collins, Cesar Conda, Jake Corman, Scott Cottington, Jay Cranford, Greg Crist, Diane Crookham-Johnson, Fergus Cullen, Tom Davis, Mike Dennehy, Ken Duberstein, Debi Durham, Sara Fagen, Frank Fahrenkopf, John Feehery, Don Fierce, Mindy Finn, Mindy Fletcher, Carl Forti, Alex Gage, Bruce A. Gates, Sam Geduldig, Adam Geller, Benjamin Ginsberg, David Girard-diCarlo, Bill Greener, Jonathan Grella, Lanny Griffith, Janet Mullins Grissom, Doug Gross, Todd Harris, Steve Hart, Christopher Healy, Ralph Hellmann, Chris Henick, Terry Holt, David Iannelli, Ed Ingle, Jim Innocenzi, Clark Judge, David Keating, David Kensinger, Bob Kjellander, Ed Kutler, Chris LaCivita, Jim Lake, Steven Law, George S. LeMieux, Steve Lombardo, Kevin Madden, Joel Maiola, Gary Maloney, David Marin, Mary Matalin, Dan Mattoon, Brian McCormack, Mark McKinnon, Kyle McSlarrow, Ken Mehlman, Jim Merrill, Lisa Camooso Miller, Tim Morrison, Mike Murphy, Phil Musser, Ron Nehring, Terry Nelson, Neil Newhouse, David Norcross, Ziad Ojakli, Jack Oliver, Todd Olsen, Kevin O'Neill, Connie Partoyan, Dana Perino, Billy Piper, Van B. Poole, Tom Rath, Scott Reed, David Rehr, Tom Reynolds, Steve Roberts, Jason Roe, David Roederer, Dan Schnur, Russ Schriefer, Rich Schwarm, Brent Seaborn, Rick Shelby, Andrew Shore, Kevin Shuvalov, Don Sipple, Ken Spain, Fred Steeper, Bob Stevenson, Terry Sullivan, David Tamasi, Eric Tanenblatt, Richard Temple, Heath Thompson, Jay Timmons, Warren Tompkins, Ted Van Der Meid, Dirk van Dongen, Jan van Lohuizen, Stewart Verdery, Dick Wadhams, John Weaver, Lezlee Westine, Dave Winston, Ginny Wolfe, Fred Wszolek, and Matthew Zablud.