Yes, but he could have overcome it against someone like Trump. Against most Republicans, though, no Democrat could have won.
Let's look at what happened. Romney got destroyed by Obama, Kerry came far closer to winning electorally than Romney ever did, and Gore won the popular vote in 2000, and barely 'lost' the EV.
One party constantly underperforms the general trend.
The only weakness Dems have is when they court republicans instead of their own base which is what Gore & Hillary tried to do. It is ironic, because Hillary only adopted that GOP strategy in the context of Trump, she changed from her previous strategy of running an Obama '12-esque campaign.