"In the last sixty years, five Presidents have gone into a midterm congressional election with their net approval at or below sea level: George W. Bush in 2006, Bill Clinton in 1994, Ronald Reagan in 1982, Lyndon Johnson in 1966, and Harry Truman in 1946. All five midterms were "wave" elections in which the opposition party picked up a large enough number of House seats to affect substantially the policymaking process in Washington, D.C."
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