When it comes to winning elections, Independents are a key demographic. Obama won the group overwhelmingly in 2008 and since then pundits and pollsters have been sharply focused on whether their support stays with the President.  In fact, it’s a talking point that Democrats  emphatically shout during television appearances because they know when Independents start to break, it spells trouble.

Trouble, it seems, is spelled G-A-L-L-U-P. Their latest polling shows a drop among support with Independents down from 63 percent in May, to 59 percent.

Digging deeper into the reason for the dip, the larger undercurrent is spending. Polling shows Indy’s weren’t happy about that issue when the Democrats took over the house in 2006.

But the main concern now among that voter group is results – they’re solution oriented (why they voted for him in the first place) and right now they’re doubting his performance for two reasons:

1) The stimulus is not working.  Period.

2) They’re uneasy about the lack of checks and balances on the current Democrat dominated congress and White House.  They may have given the left the keys to the kingdom, but they’re not seeing the oversight they feel they should get.

The best examples of this are the financial bailout and GITMO. Independents are starting to ask if it was really needed because ultimately GM slipped into bankruptcy and whether anyone thought this whole thing through.

(I can answer both: No, and no). When this becomes more apparent, expect Obama's numbers with Independents to dive even more.