It's the perfect metaphor for the Obama administration for Republicans. That widespread enthusiasm for Obama in 2008 has eroded, and with less than two years left in office, one of his most visible supporters, the guy who made* the most iconic image of the Obama years has even turned on him.
But Fairey's explanation for not being pleased with the job Obama has done is far different than most Republicans (except maybe Rand Paul supporters), because he mentioned drones and NSA surveillance.
"Obama has had a really tough time, but there have been a lot of things that he's compromised on that I never would have expected," he said. "I mean, drones and domestic spying are the last things I would have thought [he'd support]."
Fairey said Obama hasn't been "courageous" enough, but also said many of Obama's actions have been taken because of things out of his control. "The entire system needs an overhaul," he said, including taking money out of politics.
Politicians have a tendency to over-promise and under-perform, but Obama especially aimed high with his campaign rhetoric. And people like Fairey, who were pretty clearly enamored of him, set their own expectations that Obama has had a hard time living up to. Democrats still overwhelmingly approve of Obama, but it's clear some think he hasn't lived up to the hype.
Or the Hope.