Bad news for Obama??? How can you possibly spin this to be "bad" news for Obama?
This has been the Democrat's goal, for decades - a populous that is beholden to them.
This means that half of Americans have an incentive to vote for someone who will not only continue to give them government assistance, paid for by the other half, but who will actually increase that assistance. Furthermore, a large part of those people don't work, so they have plenty of time to go to the polls.
In a democracy, when those needing assistance outnumber those who provide assistance, it's essentially "game over." That's why this election really is the most important ever.
It Obama wins, America loses... forever.