At the beginning of his presidency, President Barack Obama gave an interview to Matt Lauer in which he said that "three years from now," Americans would be able to decide whether he deserved a second term. Those three years have passed, and Sunday morning, Bob Schieffer asked David Axelrod that fateful question on "Face the Nation."

"Is this going to be a one-term presidency?"

"Well, we're in a different place than we were the day he did that interview," Axelrod begins.

"We are, things are worse than they were," Schieffer cuts in.

Watch Axelrod, Obama's top campaign adviser, fumble through his answer below.

Originally aired August 7, 2011. Embedded via Mediaite.