It does reduce the faith in the hope and change that was promised by our president. After all he does not walk the talk. He is the do as I say president not as I do. After all he does send his children to private school while preaching the virtues of public education. He is no different than any other politician in that regard, a hypocrite.
Past performance or lack there of is an indicator of future performance. Obama has not been able to deliver on most of his promises from closing Gitmo to bringing this nation together. Does anyone believe he is capable of doing the right thing? Just talking about it does not count.