Obama's Election Odds For 2012

The Hill reports:

Many experts assert that while the president might not yet have reached a point of no return on the economy, he will have to defy a number of historical precedents in order to win a second term.

“I would not bet on Obama today — absolutely not,” said Douglas Hibbs, a former Harvard professor who created a famous model for predicting the outcome of presidential elections.

Intrade odds are saying the same thing.