The 2010 mid-term election is developing into a referendum on the economy, with foreign policy playing little to no role. A recent Gallup poll asks Americans what they think is "the most important problem facing this country today" and the conflicts in Iraq and Afghanistan tie with 3%. No foreign policy issue garners more than 7% (immigration) and the aggregate of the all the foreign policy-related issues is 17%. Americans are most daunted by the economy; 53% mention either the economy or unemployment/jobs as the most important problem.

This is occurring in an atmosphere where the public sees the President as competent in foreign affairs, but increasingly inept at handling the national economy. In a recent TIME poll, Obama retains a 52% approval rate on foreign policy (41% disapprove) and a 47/44 approval/disapproval rate on Afghanistan, but has only a 44% approval rate on the economy (53% disapprove). The President has been seen as more competent on foreign policy than on the economy since March 2009.

Finally, a majority of Americans both approve of the President's timetable for withdrawal from Afghanistan and approve of his decision to both remove General McChrystal and appoint General Petraeus, the latter by incredible margins.

There are two important implications of this polling data. First, foreign policy will be a non-issue for most of the 2010 campaign. With voters' attention disproportionately fixed on the economy, campaigns will be about jobs, jobs, and jobs. Of course the occasional congressional race will hinge on a foreign policy issue. Districts with large military bases or ethnic populations with specific foreign policy interests feature intense foreign policy debates, but they are not the norm across the country. However, even when foreign policy and national security are emphasized, it will likely occur in the context of, you guessed it, jobs.

Second, congressional support for President Obama's foreign policy won't flag, even with a Republican takeover of (one or both houses of) Congress. On the major foreign policy issues facing the United States, namely Iraq and Afghanistan, President Obama is supported heavily by the Republican minority. In fact, in the recent debate over supplemental funding for the war in Afghanistan, the main opposition was from liberal Democrats.

Democrats running for Congress this fall will be in a race against the economy, hoping it improves enough by October to argue that things are getting better. If the unemployment rate starts creeping down over the end of the summer, and September and October see big job gains, then Democrats can feel (somewhat) secure in the fact that they will only lose a few seats. If however, unemployment stays around 9.5%, or increases, watch for Democrats to suffer major losses in November.

Of course, all of this analysis exists in a place that assumes the absence of an "October surprise" - an event that would shock the electorate in a way so as to call into question their core electoral assumptions. I've stated previously that I thought the August 31st U.S. military draw-down in Iraq would have a similar effect, causing the electorate to focus on Iraq and the Middle East. I still think that will happen, but not anywhere near the amount required to make the mid-terms anything but a referendum on the economy. Even at the height of the CNN-led frenzy over the Gulf Coast oil spill, only 18% of voters listed the spill as the most important issue facing the U.S.

Gallup's "Bottom Line" sums up the issue nicely:

Although the precise percentage of Americans mentioning economic concerns varies from month to month, these issues have dominated the public's consciousness for well over two years. This fact should serve as a sharp reminder to politicians and challengers involved in House and Senate races this fall; failure to address economic issues will be at the candidate's own peril.