We’re still a long way from the 2016 election, but Clinton needs to decide soon whether to run. The political landscape right now is more Republican-leaning than at a comparable point in the 2012 cycle (when President Obama, with a 46 percent approval rating, led a generic Republican 42 percent to 39 percent). Obama’s approval has dropped to 42 percent.

In four polls conducted over the past month, YouGov asked more than 2,500 registered voters whether they would vote for the Democratic or Republican candidate for president in 2016. The Republican candidate led, on average, 39.2 percent to 36.7 percent. Again, these results are among registered, not likely, voters, so this lead has nothing to do with turnout.

The current environment suggests Clinton would need to be stronger than a generic Democratic candidate to be considered the favorite. Instead, her standing has deteriorated. YouGov has been polling Clinton’s favorable ratings among adults over the past six years (adults overall tend to be more Democratic leaning than just registered voters).