Unfortunately, that mode of thinking is probably a bit too optimistic.
And this reality check helps reinforce the point:
Based on the facts at hand right now, Mr. Obama is likely to win the 2012 election in a landslide. That, at least, is the prediction of Ray C. Fair, a Yale economist and an expert on econometrics and on the relationship of economics and politics.Read more here. It's interesting stuff.
What’s the basis of this forecast? In a nutshell: “It’s the economy, stupid.”