(A little late to the party snicker but then it is coming from the U.K.)
The grizzled veterans of the Democratic leadership in Congress have found Mr Obama and his team of bright young advisers a pushover. That has gravely weakened his flagship domestic campaign, for health-care reform, which fails to address the greatest weakness of the American system: its inflated costs. His free trade credentials are increasingly tarnished too. His latest blunder is imposing tariffs on tyre imports from China, in the hope of gaining a little more union support for health care. But at a time when America's leadership in global economic matters has never been more vital, that is a dreadful move, hugely undermining its ability to stop other countries engaging in a ruinous spiral of protectionism.
Mr Obama's public image rests increasingly heavily on his extraordinary speechifying abilities. His call in Cairo for a new start in relations with the Muslim world was pitch-perfect. So was his speech in Ghana, decrying Africa's culture of bad government. His appeal to both houses of Congress to support health care was masterly – though the oratory was far more impressive than the mish-mash plan behind it. This morning he is blitzing the airwaves, giving interviews to all America's main television stations.
But for what? Mr Obama has tactics a plenty - calm and patient engagement with unpleasant regimes, finding common interests, appealing to shared values - but where is the strategy? What, exactly, did "Change you can believe in" – the hallmark slogan of his campaign – actually mean?