2012 presidential race: Why are so many Republicans opting out?

Big-name Republicans who won't run for the party's nomination — like Chris Christie — far outnumber those who want to take on President Obama next year

New Jersey Gov. Chris Christie (R) insists that he won't enter the 2012 presidential race... despite continued pleas from many conservatives.
(Image credit: Jessica Kourkounis/Getty Images)

The Republican 2012 presidential field is, perhaps, more well known for who's declined to run as it is for its actual candidates. One by one, potential contenders have either decided against a run or declined fervent pleas to take on President Obama: Donald Trump, Govs. Mitch Daniels (Ind.), Haley Barbour (Miss.), and Chris Christie (N.J.); former Govs. Mike Huckabee (Ark.) and Jeb Bush (Fla.); Sens. John Thune (S.D.), and Marco Rubio (Fla.); and Rep. Mike Pence (Ind.), to name a few. Why are so many Republicans sitting 2012 out? Here, five theories:

1. Nobody thinks they can beat Obama

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