First, the bad news. Since receiving an initial bump after officially announcing for president on Feb. 10, Obama has plateaued in the polls. At the end of February, Obama stood at 24.4 percent in the RealClearPolitics Average (an aggregation of all major national surveys available at that time) while his chief rival, Hillary Clinton, was leading at 35.2 percent.
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Now to the good news. For starters, Obama continues to rake in oodles of cash. In the first three months of 2007, Obama raised an astonishing $25 million, just slightly less than Hillary Clinton's vaunted money machine. The second quarter ends in just two weeks and rumors are already circulating that Obama will again come close to matching -- or perhaps even beating -- Clinton's fund-raising total.
More good news: Obama remains extremely likeable. He has the highest favorable rating of any Democratic candidate in the race by far. Better yet, Obama still has room for improvement, since most polls show a decent chunk of people remain either undecided in their opinion of him or haven't heard of him at all.
That stands in stark contrast to Hillary Clinton: Everyone has heard of her, everyone has an opinion about her and many people don't like her. She consistently has the lowest favorable ratings of any candidate in the race, and after so many years at the center of the political stage those attitudes will be extremely difficult to change.
In fact, the best news of all for Obama is his potential "electability." Though Obama hasn't made up ground against Clinton in the most recent national polls, those same surveys show him running 5-10 percent better than Clinton in matchups against the top tier Republicans. Democrats want to win the White House badly, and they'll begin to take notice if Obama continues to demonstrate a better chance of doing it than Clinton.
http://www.realclearpolitics.com/articles/2007/06/obamas_bad_news_has_a_lot_of_s.html