Jay Leno was the headliner at the dinner, and Obama called him "the only person whose ratings fell more than mine."
Leno observed that Obama was less aloof than he appears ... "He loves to socialize ... health care, car companies," naming industries where the Obama administration has intervened.
The President got more laughs than Leno. Perhaps part of that was in
deference to positional power; however, give Obama some credit - he hired staff writers
from The Daily Show to come up with his material.