BREAKING: In the past 12 months Obama's approval rating has dropped 4 pts

Hey, I'm just telling you what the daily tracking poll numbers at Gallup tells us:

-Aug. 30, 2009: 51 percent

-Sept. 1, 2010: 47 percent

I realize that Sean Hannity on Fox News last night announced that Obama had just suffered the worst August for any president ever. And I realize much of the Beltway press has echoed that sentiment, and in fact has spent much of this year pushing its beloved narrative about how Obama's polling numbers are “falling” fast, and that his presidency is in rapid decline.

But is it true?

Just because the mainstream media and the GOP Noise Machine are (surprise!) in heated agreement about that point, and have been for months, does that make it true? I realize pointing out the fact that Obama has lost four points in his Gallup polling numbers over the last 52 weeks won't do much to discourage that narrative, and who knows, maybe he's about to take a big hit in the Gallup poll and week from now he'll be down nine points vs. one year ago.

But it's it's always useful to address the facts. And the facts according to Gallup's daily tracking poll are that in the last 12 months Obama's approval rating has declined four points. That, in a poll that has margin of error of 3 points.