What if the White House decided to unspin this way?
"As your President, I'm no longer able to deliver what I promised. We have exhausted our funds and our military. The final blow came this year when we realized we are really losing the Iraq war. Yes, I know I said 'Mission accomplished' three years ago while wearing a flak jacket, but that was just a lot of hooey, we all know now."
"Anyway, we have had to borrow a lot of funds because we ran out of money. I'm not a fiscal conservative, after all, and I apologize for leading anyone on. We are refinancing the country, but won't have any cash available for months, so we'll have to stop Social Security checks for a while."
"Not only that, but our workers are becoming dispirited, not just soldiers, but even some head honchos and some generals. My repeating "Stay the course" just does not seem to mean anything to these people. They want reasons and justifications and exit strategies. I guess I've learned that you can't run the country on slogans."
WHAT WENT WRONG?
"I am still astonished by our failure. I have always been surrounded by people who agree with me on everything, so no one told me we would fail. Except for a few who aren't around any more. I suspect the nature of the interaction between me and our crew this year is what did us in. My management style results in a White House that is long on conservative ideology and short on dialogue or challenges. In past administrations, the crew would be frustrated, but sooner or later various individuals would fill the vacuum and challenge presidential assumptions. In my administration, no one stepped forward and little errors began to compound. Like more and more limitations on individual rights in the interest of security. Oops. No one called me on that. Except some judge in Michigan."
"I still have faith in the neoconservative model. Having lost the confidence in myself and the confidence of the nation that is needed to run the country, though, I am calling it a day.
I have created a mess on so many different levels that I'm beginning to think that another person may do a far better job of making us a solid and successful nation."
"Can you imagine breaking a promise to almost 300 million people? That is what I am doing as I type these words. I promised to deliver freedom and security for eight years and I can’t do it. I am very sorry to have taken your votes and not returned fair value for them. After I have done what I can to resume a sane and peaceful nation and refunded some of your tax money used for the war, I will still have done you a disservice. Please know that I am truly sorry to have failed to deliver a good eight years' worth of leadership."