Bush's approval rating fell 8% from 42% to 34%, and his disapproval rating jumped 8% from 51% to 59%. That puts his net approval at -25%, which is as frigid on the political scale as it is on the Celsius scale.
Obviously Bush's security sellout to Dubai cut deeply into Bush's shrinking "base." The question all the pundits should be asking is, "Why on earth would Bush stake his failing Presidency on a deal with a tiny nation with 1 million citizens?" The answer, of course, is that their rulers are drowning in oil money - and the Bush family sold its soul to the oil-igarchs a generation ago.
The only Americans who continue to support Bush are drinking GOP kool-aid. The time has come for Democrats to introduce Articles of Impeachment and begin the process of removing Bush and Cheney from office - before they create as much of a disaster in America as they have in Iraq.
Poll: Bush Ratings At All-Time Low
The latest CBS News poll finds President Bush's approval rating has fallen to an all-time low of 34%, while pessimism about the Iraq war has risen to a new high.
Americans are also overwhelmingly opposed to the Bush-backed deal giving a Dubai-owned company operational control over six major U.S. ports. Seven in 10 Americans, including 58% of Republicans, say they're opposed to the agreement.
CBS News senior White House correspondent Jim Axelrod reports that now it turns out the Coast Guard had concerns about the ports deal, a disclosure that is no doubt troubling to a president who assured Americans there was no security risk from the deal.
The troubling results for the Bush administration come amid reminders about the devastating impact of Hurricane Katrina and negative assessments of how the government and the president have handled it for six months.
In a separate poll, two out of three Americans said they do not think President Bush has responded adequately to the needs of Katrina victims. Only 32% approve of the way President Bush is responding to those needs, a drop of 12 points from last September’s poll, taken just two weeks after the storm made landfall.
Mr. Bush's overall job rating has fallen to 34%, down from 42% last month. Fifty-nine% disapprove of the job the president is doing.
For the first time in this poll, most Americans say the president does not care much about people like themselves. Fifty-one% now think he doesn't care, compared to 47% last fall.
Just 30% approve of how Mr. Bush is handling the Iraq war, another all-time low.
By two to one, the poll finds Americans think U.S. efforts to bring stability to Iraq are going badly – the worst assessment yet of progress in Iraq.
Even on fighting terrorism, which has long been a strong suit for Mr. Bush, his ratings dropped lower than ever. Half of Americans say they disapprove of how he's handling the war on terror, while 43% approve.
In a bright spot for the administration, most Americans appeared to have heard enough about Vice President Dick Cheney's hunting accident.
More then three in four said it was understandable that the accident had occurred and two-thirds said the media had spent too much time covering the story.
Still, the incident appears to have made the public's already negative view of Cheney a more so. Just 18% said they had a favorable view of the vice president, down from 23% in January.
Americans were evenly split on whether or not Cheney's explanation of why there was a delay in reporting the accident was satisfactory.