Optimism about the state of the economy dropped since earlier this year, according to a new AP-GfK poll. In February 30 percent of the country called the state of the economy good, now just 20 percent of the country feels that way.

Perhaps even more importantly from a political perspective is that there has been a real drop in how Americans suspect they will be doing financially in the future. Four months ago 37 percent thought their financial situation would improve and just 11 percent thought it would get worse over the course of the next year. Now only 31 percent think things will improve for them and 18 percent think their personal situation will get worse.

Between Amendment One in North Carolina and President Obama’s announcement, much of this week has been dominated with discussions about marriage equality, but the dominant issue this election is going to be the economy, and recently the economic news has been mixed at best. Already Obama has a tough time responding to the basic line, “are you better off than you were four years ago?” If he also starts losing the question, “do you think you will be better off in the future?” his campaign could have some real problems.