Brand new polling from the WSJ/NBC News should be cause for concern for every politician in Washington.

Americans are fed up when it comes to the state of the American economy. More than 70% of Americans feel that the country is headed in the wrong direction. Tragically, 76% of American adults do not believe that their children's generation will be better off than their own.

Even more Americans – close to 80% – are upset with our political system in Washington and consider it to blame for the current state of affairs. This is troubling for politicians who are now assumed to blame for Americans struggles, particularly economically.

As a result, Barack Obama's poll numbers have suffered. His approval rating sank to an all-time low of 40%.

But Congress fares even worse with just a 14% approval rating.

According to the poll, the overall discontent among Americans stems from two things: the poor economic recovery and loss of faith in politicians in Washington. In fact, almost half of Americans, 49%, believe the economy is still in a recession.

What's also troubling that 60% of Americans claim they are mad enough to protest, but that clearly isn't translating into actual protests. In fact, it's interesting to note that most Americans can't even agree on what issues are extremely important to America. Every issue, with the exception of illegal immigration, has nose-dived in terms of its importance to the American people.

How will this effect the mid-term election. It's hard to say, though indications still show that Republicans have a chance of taking the Senate. But will see massive, passionate voter turnout like we saw in the 2010 midterms? It doesn't seem like that will be the case. That could ultimately play to the Democrats' favor.