1) He's negative (always a bad quality in a leader). Shining example is his "it will get worse before it gets better" rhetoric about the economy
2) He is a jerk, as described in today's top headline article in USA Today with the following headline:
The bold headline>>Speech a rebuke of Bush
The summary that followed>>In his inaugural address, President Obama essentially delivered a searing indictment of the Bush presidency and warned America work will be needed.