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It is common for former presidents to be called "Mr President" but that isn't the real problem with the video. Whether it is fair or not, Obama has received criticism since before he was elected for receiving jobs he wasn't qualified for and letting someone else do the work; and the most prominent case before the election was on his time at the Harvard Law Review, and since the election people have been critical of him not promoting his agenda and leaving the work to the Democrat leadership. Now, I've seen former presidents have a press conference at the White House before, and I've seen former presidents defend the agenda of a sitting president before, but I have never seen a sitting president hand off a press conference at the White House to a former president to defend their own agenda. Regardless of whether it is true or not, this move gives off the impression that Obama isn't (or can't) do the job of being the President of the United States.