underwater

[Victor Steinbok]

I've posted on this before, but mostly in reference to market value.
However, the usage of the term is spreading rapidly in reference to
political approval rates for candidates, issues, measures, etc.

http://goo.gl/SWzMa
> All four Republican contenders remain underwater in overall
> favorability in the latest ABC News/Washington Post poll, marking the
> difficulties the survivor may face against Barack Obama. More
> Americans hold negative than positive views of Romney by a 10-point
> margin, Rick Santorum by 8 points, Ron Paul by 9 points and Newt
> Gingrich by a whopping 33 points.

There is also the issue of "underwater" vs. "under water".

     VS-)

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