That this President hasn't delivered on everything he promised during the 2008 election.
The Living Room Candidate - Commercials - 2008 - Defining Moment
He has delivered some things but the report card is not straight A's. Far from it. The "mindless partisanship" is still here on both sides. Special interests are as present as ever. The "middle class rescue" mentioned in the commercial's first 10 seconds has been, in fact, non existent.
The question is whether or not Mr. Obama has enough A's to receive a passing GPA. I think yes for the most part.