Obama Underwater in Key States, Losing to Both Romney and Gingrich

Unicorns are becoming an endangered species:

President Obama is underwater in key swing states, and faces electoral peril in November from both Mitt Romney and Newt Gingrich, according to new polls released early Thursday by Quinnipiac University, which show Gingrich surging among Republicans in three important battlegrounds.

Gingrich, the former speaker of the House, leads the GOP field in each of the states -- Florida, Ohio and Pennsylvania -- by double-digit margins. But perhaps more importantly, his ascent has not been confined to the Republican primary: Gingrich now runs only slightly worse against Obama than Romney, the former Massachusetts governor.

Read the rest of it for the state-by-state details.

Other election models show Obama losing by 8% and those numbers are pretty consistent with what the polling is showing. It's still very early, and the Dems haven't turned their attack dogs fully on Newt yet, but it's going to be hard for Obama to recover if his policies continue to drag the economy down.