By limiting himself to only two possibilities, he ignores the reality of his presidency.

"I'd rather be a really good one-term president than a mediocre two-term president," he told ABC's "World News" anchor Diane Sawyer in an exclusive interview today.

Fortunately, America has Charles Krauthamer to point out that other option.

It is hard to argue anything other than that Barack Obama has been a mediocre one-term president during his first year, with few accomplishments and many glaring weaknesses.