Obama is about the launch a major offensive on health care, will turn the debate around and get a decent bill passed. (Not great, but decent.)
As you may recall from the 2008 campaign, he likes to play rope-a-dope and exhaust his opponents. Just when you think he’s down and out, suddenly you realize he just popped ahead and knew exactly what he was doing all along.
So, I think that’s what’s happening here too.