The real risk of blowing it:
Can the Administration recover the leadership on the issues or will it cave to Congress and the further left leaning leadership.
You run to the left (or right for Republicans) to get nominated, but you have to govern from the middle ... or lose the next election.
A short victory lap ... OK, but then you have to lead, and govern.
Op-Ed Columnist - The Obama Slide - NYTimes.com:
"The administration hasn’t been able to pull it off. From the stimulus to health care, it has joined itself at the hip to the liberal leadership in Congress. The White House has failed to veto measures, like the pork-laden omnibus spending bill, that would have demonstrated independence and fiscal restraint. By force of circumstances and by design, the president has promoted one policy after another that increases spending and centralizes power in Washington.
The result is the Obama slide, the most important feature of the current moment. The number of Americans who trust President Obama to make the right decisions has fallen by roughly 17 percentage points. Obama’s job approval is down to about 50 percent. All presidents fall from their honeymoon highs, but in the history of polling, no newly elected American president has fallen this far this fast.
Anxiety is now pervasive. Trust in government rose when Obama took office. It has fallen back to historic lows. Fifty-nine percent of Americans now think the country is headed in the wrong direction."