Short answer, Lilo?

He . . . just . . . isn't . . . likeable.

It isn't his money. We've had plenty of Presidents who have reeked of entitlement (And let's face it, President Obama isn't exactly blue collar). But there's just something off about this guy.

Bush was an imbecile, but I've always grudgingly admitted that there was something inherently likeable about the guy. If Romney had that folksy charm, Obama would be in trouble. But he doesn't.