During his interview with Obama 2012 campaign strategist David Axelrod, "Face the Nation" host Bob Schieffer played a clip of President Obama talking with NBC's Matt Lauer a few weeks after he took office. Here's what a newly inaugurated President Obama said: PRESIDENT OBAMA: that's exactly right. And — and, you know, a year from now I think people — are gonna see that — we're starting to make some progress. But there's still gonna be some pain out there. If I don't have this done in three years, then there's gonna be a one-term proposition.
Schieffer, reminding Axelrod that we are nearing that three-year point, asks if President Obama will be a one-term president like he said. Here is how the exchange went:
SCHIEFFER: So there you are Mr. Axelrod. That was the President at the start [of his term]. We're getting right up to that three year point. Is this going to be a one-term presidency?
AXELROD: I think the question is -- what this election is ... First of All, let's certify that. We're in a different place than where we were than the day he did that interview --
SCHIEFFER: Well, we are. Things are worse than they were.
