The Wash Post's Howard Kurtz has a good wrap-up about reaction to the prez's press conference last night and ruminations on why Bush's poll numbers are sinking. A snippet:

Political prognosticators sometimes forget that average folks don't follow every twist and turn of Beltway infighting. So keep in mind: Gas prices have been rising. The stock market has been in a swoon. The economy is not exactly inspiring confidence. All that has got to be hurting Bush. When people feel economic anxiety– and see that their leaders appear more obsessed with one brain-damaged woman, parliamentary procedures and fiddling with their retirement money–that's when you suffer in the polls.

Whole thing here.