More than Half Say Obama's Presidency a Failure

More than half of Americans label President Barack Obama's presidency a failure, according to a new poll by Investor's Business Daily and Tipp.

The survey found that 53 percent of adults see the Obama administration as a flop while 41 percent said it is a success and 6 percent said they weren't sure.

The president's standing among Independents is even worse with 58 percent giving his presidency a failing grade.

The poll also found that if the 2012 election were held today 43 percent said they would vote for Obama while 49 percent said they would now vote for former presidential candidate Mitt Romney.

As the mid-term elections looms, 34 percent of those polled said they are less likely to vote for a candidate who supports Obama compared to 16 percent who would.