“If the 2008 presidential race saw Obama sail into office on the audacious wind of hope and change, his 2012 effort appeared to have floundered on the first sandbank of reality. To some extent, and as reaction to the second presidential debate as shown, this is in part the narrative decided by the US media, including the new media. All is hype. But the supporters of Obama once ran on this fuel. The 2008 election was entirely about such intangibles: optimism, hope, charisma. This race, however, is about facts – and the intangibles turn out to be little use when the realities of deficits, borrowing and unemployment have landed.”
Douglas Murray, “Even if he wins, Obama will be diminished”, in The Spectator, 20/10/12.