A Washington Post/ABC News poll released Tuesday gives reasons to support both outcomes, depending on which metrics are examined.
The president's disapproval rating on his handling of the economy, which was ranked as the most important issue by a majority of respondents, stands at 55 percent.
When people were also asked to compare their current financial situation with when Mr. Obama took office, 30 percent responded they were worse off, while 16 percent said they were better off. Fifty-three percent described their status as about the same.
For more: Poll: Obama, Romney Deadlocked; Economy Remains Top Concern | PBS NewsHour
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