OBAMA: But all kidding aside, obviously, we all know about your credentials and breadth of experience. (Laughter.) For example -- no, seriously, just recently, in an episode of Celebrity Apprentice -- (laughter) -- at the steakhouse, the men's cooking team cooking did not impress the judges from Omaha Steaks. And there was a lot of blame to go around. But you, Mr. Trump, recognized that the real problem was a lack of leadership. And so ultimately, you didn't blame Lil' Jon or Meat Loaf. (Laughter.) You fired Gary Busey. (Laughter.) And these are the kind of decisions that would keep me up at night. (Laughter and applause.) Well handled, sir. (Laughter.) Well handled.

That was already a cutting and sardonic appraisal. Given the weight that Obama was carrying that night, it now appears in retrospect to be flatly devastating.