The presidential election isn't until November of '08, but there's a congressional election this year, and the midterm elections are generally seen as a vote of confidence on the government in general.

Unfortunately, the Democrats don't seem at all interested in coming up with a plan of their own; there strategy seems to be limited to "Give them enough rope..." But it'll be interesting to see how the Congress looks next year.

Oh, according to a report on the news, Bush's aproval rating was down to 36%, which is down into the "historically low" range.