Telegraph: Reports that David Axelrod one of the men behind the Obama victory in 2008 is leaving the White House in 2011 to start up the re-election fight for 2012. The Republican takeover of the House must have finally gotten to the Oval, the 2012 race will be a lot harder for President Obama, the frenzy wont be there, Obama will have to run on his record, in the view of economists the boom years of the 80s and 90s that helped Reagan and Clinton wont come around for Obama, thus he will face a race with a high unemployment and massive US debt. But a lot can happen in two years, the economy could turn around, a moderate slow down of the unemploymed would help, Obama could solve the Middle East, Iran might make a deal, of course all these could get worse, higher unemployment, Iran has the bomb, Israel vs. Arab World, the usual folks. Two years is a long time folks, lot of water under the bridge.
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