Reality Check.

I know. After the midterms, it's hard to believe how President Obama has a shot in hell at winning in 2012.

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.

What’s the basis of this forecast? In a nutshell: “It’s the economy, stupid.”

Read more here. It's interesting stuff.