In fact, at the rate things are going Obama faces the same problems that eventually did in James Earl Carter in 1980: 1) a failing economy and 2) an opponent that was charismatic on-air and drove the MSM nuts (I really do foresee one Sarah Palin becoming the Republican nominee because “she’s the real deal” and is highly charismatic in public appearances).
Only much, much more so. Not only will Obummer lose the "Reagan democrats", he is also losing what was a significant part of his base in his first election...the "youth" voter and the woman voter.