When looking at all the other presidents we've had I can't possibly say he's below mediocre or better than average.
His initial foreign policy successes have collapsed in upon themselves. And his rollout of the PPACA is an absolute disaster. But he was still the second best option and certainly better than Romney.
One also has to remember the issues that are important to me may not be to someone else and vice versa. No two people will view any one president in the same light. With me I have quite a lot of presidents to compare him to as I can remember back to Eisenhower and yet each one is unique. So this president does get compared to other presidents by me in a subtle way but more so on the job he has done so far. One also has to realize he still has 3 years left. So how I or someone sees or rates this president today may change over the next three years or not.
I am sure Democrats look at President Obama in an entirely different light than do Republicans. To a lot of these party die hards it is the R and the D that matters, not the name of the president or what he has done or is doing, whether he has been good for the country as a whole or bad for it. For me it may boil down to how this president handles the issues that are important to me and how his presidency so far has effect this country.
But I do not see how anyone could rate or determine or judge any president in a vacuum. There is just too many outside factors that have to be taken into consideration.
Early voting in Georgia. On the 20th of October this old Goldwater conservative voted against both Donald Trump and Hillary Clinton by casting my vote for Gary Johnson. Neither Trump or Clinton belong within a million miles of the Oval Office.
Also, important is to compare him to the two candidates he defeated in the general elections of 2008 & 2012, one of whom would still be looking for Osama Bin Laden somewhere (probably in Iraq and Afghanistan) and the other who would have us entrenched in another war, this time with Iran. Add to that the fact that had McCain won, we'd be saddled with the airhead Sarah Palin as VP, putting someone who neither speaks proper English nor is capable of critical thought one heartbeat away from the presidency.
From that perspective, Obama is looking pretty damned good.