The Rasmussen Reports daily Presidential Tracking Poll for Saturday shows that 23% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty percent (40%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -17.

The president’s Approval Index ratings have fallen nine points since Monday as the crisis in Egypt unfolds. Most of the decline comes from a fall in the number who Strongly Approve of the president’s performance (30% on Monday, 23% now). However, for the first time since mid-December, the number who Strongly Disapprove has moved back over the 40% mark for five straight days. The Strongly Disapprove total had been above 40% for most of 2010 but fell to the high-30s after the president and Senate Republicans reached a deal to extend the Bush Administration tax cuts.

Foreign policy has never been of interest to President Obama and it shows. Indecisive action towards Egypt may indeed add another problem to his re-election efforts.

His Tucson speech and the 2010 lame duck session started Obama on the way to recovery in the polls, but Egypt, unless it resolves quickly, will be another anchor weighing down his poll popularity.