The vast majority of people wanted a president who wouldnt start wars and bancrupt the nation.
Instead, they got Obama.
Obama could not fix the deficit in 2 years, who could? so people got impatient. Most people doesnt now how economic policies work and just assumed because the economy was still "bad" that Obama needed to go.
It's been four years and he STILL hasn't fixed it. By his own words, if he didn't, he should be a one-term president. Plus, in case you forgot, his party controlled both houses of Congress (with a Supermajority in the Senate).
His policies GOT PASSED; they just didn't work, period.
How is Obama going to cut the deficit THIS time, when he couldn't do it last time? How is he going to keep unemployment low THIS time (other than not counting people who aren't looking for work) when he couldn't do it last time?
How is he going to work across the aisle THIS time, when he couldn't/wouldn't do so last time (unlike his first two years, the odds are he will NOT have his party running both the House and Senate)?
How is he going to lower gas prices THIS time, when he couldn't do so last time?
That's the part of the debate you apparently missed. Every time Romney reminded Obama of his sorry record, Obama got lockjaw.