Obama to supporters: I understand your frustration

The AP reports: Easing into his 2012 campaign, President Barack Obama is telling his supporters he understands their frustration over the compromises he's made with Republicans, while preparing them for more to come.

It's a timely warning given the upcoming vote on raising the debt ceiling and the ongoing debate over long-term deficit reduction, both issues Obama says can only be solved if Republicans and Democrats work together. But further compromises could prove a tough pill to swallow for many of Obama's liberal backers, who have grown tired of watching the president cede ground to the GOP on spending cuts and tax breaks for the wealthy.

During a raucous fundraiser focused on young people in San Francisco last night, Obama said his supporters are not alone in their frustration.

"There are times when I've felt the same way you do. It's a big, complicated, messy democracy," he said. "We knew this wouldn't be easy."

Obama's three-day West Coast swing — his most extensive travel since announcing his re-election bid — offered a glimpse of how Obama will seek to reenergize the independents and first-time voters who carried him to victory in 2008. Obama's rallying cry is that more work needs to be done in order to make the vision of America he promised a reality, and he is the only one who can see those hopes through.

"It is going to take more than a couple of years," Obama said. "It's going to take us more than one term to finish everything that we need to do."

Obama senior adviser David Plouffe offered a more sobering political forecast to the hundreds of young supporters gathered for the nighttime rally.

This is going to be a close campaign," Plouffe said. "The one thing we better assume is that it's going to be closer than the last one."

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