Stuff You'd Rather Not Think About: Obama's Numbers
The problem, from my perspective, is that Obama has not "failed" as many white voters seem to think. He has gotten more or less precisely what he wanted - a 'stimulus package' that revolves around financial bailouts for corporations, a market-driven reform proposal insuring only that health care remains wholly commodified, amnesia as a response to the criminal activities of the Bush administration, and continued commitment to perpetual war. With the partial exception of the war policy, it is hard to see how any of those policies make anyone happy. What is mysterious is that conservatives think he is a socialist.
Those who are disappointed mistakenly fancied Obama to be something resembling a progressive. A more accurate analysis appears in this essay in The Nation by historian Eric Foner who draws out the resemblance between Obama and the feckless Jimmy Carter.