This article from The Economist sums up Obama's first months fairly well. This sentence in particular caught my eye: "Almost as striking as the contrast between Mr Obama’s soaring ambition and his frequent incompetence is that between his promise to elevate politics and his willingness to continue with politics-as-usual."
It's also very true that Obama is wasting his time and his political capital continuing his campaigning. I don't know if it's just to distract from the incompetence or if he's already trying to rally for 2012. Either way he's in danger of becoming a joke.
“Whose image is this?” Sunday reflection
18 minutes ago