For one thing, the president will have more campaign money than any nominee in the history of politics. That can put a lot of distance between the cold hard truth and some more "change we can believe in."
Also, this absurd congressional "super committee" that was created recently to decide how to deal with the federal deficit is doomed to fail. That can't help Obama.
Or worse, a move to raise more revenue in the middle of a very fragile economy could easily lead us into a further extended slowdown and destroy the entire concept of seriously cutting spending.
There are plenty of dumb things the Republicans could do to destroy what, as of now, seems like a great opportunity to take back the White House and perhaps the Senate. Yes, they must find an electable candidate, but GOP presidential hopefuls beating up one another right now, or driving away the tea party -- which has put some fire back into the conservative movement -- is insane.
The GOP needs to keep standing its ground. But everyone should remember that when the wheels on the bus are coming off, you really never know who will get run over in the process.