So, Chicago was eliminated in the first round of bidding for the 2016 Summer Olympics, despite (I assume despite) President Obama's personal lobbying for the Games.
Now, as a New Yorker, I really would not want the Olympics anywhere near my city, and the Olympics don't exactly have a grand history of making money for the host city (ask Montreal) or necessarily good press (ask Munich), but I take at face value for the moment that Chicagoans really wanted this one and felt it would be good for the city. Certainly great effort and expense was put into the bid, and many hopes seemed to be riding on it.
I'd questioned Obama's priorities in making the trip, but now he has a much bigger problem. It's one thing for the President to make a phone call or two to lend a subtle hand to this sort of effort; that would have been fine with me. But by the President and First Lady both making personal appearances and elevating this to the top news story of the day and a test of personal and national prestige, Obama stood a significant chance of being humiliated, and doing so for what is hard to describe as a critical national interest. Most of us on the Right assumed, whatever we thought of the trip, that Obama would never be fool enough to make it if he didn't already have deals done to get this in the bag for Chicago. Apparently, we overestimated him.
This is why you don't publicly stake your prestige on something that's not (1) hugely important (2) a done deal or (3) ideally, both. All presidents suffer defeats and embarrassments, but you generally don't walk right into one on an issue of purely local importance to your home city. Obama's and the nation's standing in the world can't help but be chipped away by this; the next time he goes jetting off to a summit or some other international event, people won't be so quick to assume that he has all figured out in advance how he's going to get what he wants. That aura, that mystique is a thing of value that the President is supposed to husband carefully for when the nation really needs it. Bush was impotent by the end of his presidency because he'd burned that up, but he had it for the better part of five years. Obama's losing it already.
What a waste.