One reason Obama will probably get reelected:
The right-wing leadership actually likes him and exerts tremendous control over his administration even though they pretend not to.
1. Heavily increased defense spending
2. Been very supportive of the oil industry (even in the face of environmental disasters)
3. Has not closed Guantanamo and turned a blind eye to torture/renditions
4. Started another profitable war with an oil producing Arab country
What might derail his reelection is his clear lack of support for Israel. It is so bad that Netanyahu is able to openly smack Obama down and send him home with his tail between his legs. AIPAC will likely influence the right wingers and they may pull the plug on Obama as a result.
"May our Federal Government be reduced to a very simple organization, and a very inexpensive one; a few plain duties to be performed by a few servants."
~Thomas Jefferson (The Last Great American President)