Why Obama Is Likely to Lose in 2012 [View all]
President Barack Obama is likely to be defeated in 2012. The reason is that he faces four serious threats. The economy is very weak and unlikely to experience a robust recovery by Election Day. Key voter groups have soured on him. He's defending unpopular policies. And he's made bad strategic decisions.
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There's more. Approval among younger voters has dropped 22 points, and it's dropped 20 points among Latinos. Even African-American voters are less excited about Mr. Obama than they wereand than he needs them to be. For example, if their share of the turnout drops just one point in North Carolina, Mr. Obama's 2008 winning margin there is wiped out two and a half times over.
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In politics, 17 months can constitute several geological ages. Political fortunes can wax and wane. And weak incumbents can defeat even weaker challengers.
At the same time, objective circumstances like an anemic economy and bad decisions not only matter; they become very nearly dispositive. Mr. Obama is now at the mercy of policies and events he has set in motion. He can't escape accountability, especially on the economy. He's not done yet, but it will be tough to recover
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Karl Rove opined this in June 11. I found it so outrageous that decided to keep it and visit again after the elections.
http://online.wsj.com/article/SB10001424052702304657804576401653113017130.html