Do you teabaggers think OB cars about his approval rating now? He does not have to run again.
He is laughing as the Republicans KILL immigration reform pushing Hispanic votes to the Democratic party even more. The redumnbs cannot moderate without getting primarried and so the National party will soon become a regional party living almost exclusively in rural America as the Dems move toward a 60% vote count for Hillary (UGLY old bag) clinton in 2016 allowing the Dems to ride her to retake the House and a super majority in the Senate.
The Dems are laughing in the House because the only way they could get the House back is if the Repuuukes committed suicide. Shock of all shocks--the Repuke are choking on #$%$ soup and are killing the Repub party.
Obummmer does not care. He has the majority in the senate and there is nothing the Repukes can do to hurt him now.
All this as the stock markets go higher which in turn will quickly return his approval rating over 55% again by the New Year.