Obama: Is Reelection Possible?

How much economic struggle will voters overlook?

The dismal June jobs report immediately yanked the focus of the presidential campaign back to the economy — and the reality that President Barack Obama’s hopes for a second term depend on overcoming an idling economy and a jobless rate that have proven fatal for incumbents.

With economic improvement not expected ahead of the election - now just four months away - the president will continue to run a negative campaign.

That approach has proved fairly effective thus far, giving Obama a slim lead in most national polls.

But it may have reduced impact as the Romney campaign and its supporters in deep-pocketed outside groups unleash what is expected to be an historic barrage of advertising fueled by hundreds of millions of dollars ripping the president’s stewardship of the economy...