As an ongoing political enterprise—a machine with genuine admirers, loyal supporters and a legacy to build on—the Bush presidency is perilously close to flatlining. At this point in their tenures, Ronald Reagan and Bill Clinton had job-approval ratings in the mid-50 percent range; in the most recent NEWSWEEK Poll, Bush's hit an all-time low of 28. Established GOP figures in Blue States shun him, even when he comes to raise money in closed-press events. The invites aren't piling up from Red States, either. Since Bush never cultivated real allies in Congress, no one there feels guilty that he has none...