NY Times reporters warns of one-term Obama

White House reporters for The New York Times predict that the market collapse will force President-elect Barack Obama to abandon for now many of his campaign promises.

If his stimulus plan "doesn’t work out, he may very well be a one-term president,” said Jeff Zeleny, who covered Obama’s campaign. “It’s hard to imagine that he could be reelected if the economy’s in the exact same position four years from now.”

“A lot of the things he said on the campaign trail you can now dispense with,” said correspondent Peter Baker. “For the moment he has to focus on the economy.”

The Times White House reporters are overlooking the obvious -- the media will downplay all of the Obama negatives, of which there will be many in the next four years.

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