Notably, however, when weighing the President's relative strengths and weaknesses, the reporters overlooked one huge factor that will advantage the President: Media bias. UCLA political science professor Tim Groseclose has found that media bias helps Democrats by about 8-10 points in a typical election.
What's more, count on most of the press to pull out all the stops for Barack Obama. Not only would the left-leaning journalists see a potential Obama defeat as deplorably revelatory of America's (supposedly) inherent racism, but also, as Jim Taranto has pointed out,having President Obama labeled a failure will constitute an intolerable blow to the egos and self-images of the self-appointed (liberal elite) guardians of public information and discourse.
So no complacency, people. Keep in mind the Groseclose study -- it means that, in effect, the GOP has to beat Obama by 9-11 points in an unbiased environment to obtain a victory in a political world still largely shaped by the denizens of the traditional, liberal media.