He'll be voted out in four years if he doesn't turn the economy around, irregardless of anything else.
Again, the typical myopic American idiot (re: Drill, baby, drill!) doesn't want to accept four more years of hard times now in return for a hundred years of prosperity later. Honestly, very very few countries are interested planning for the future. They don't want to hear his slow-and-steady message: they want their reality TV, microbrews, and striped toothpaste now.
Our kids don't inherit the country from us, we borrow it from them, but the drill-baby-drill crowd has no perspective... tomorrow doesn't exist for them. They'd sooner take a slow, torturous Roman-esque collapse as long as they don't have to be there for the end, screw the kids.
I'd give Obama 8 years of pain to build the country on a solid bubble-free economic foundation to take us the next 10 decades. Most people don't see that far ahead.