Obama Did Not Inherit a Mess, But a Great Opportunity--Which He Wasted

Discussion in 'Politics' started by Wehrwolfen, Oct 21, 2012.

  1. Wehrwolfen
    Offline

    Wehrwolfen Senior Member

    Joined:
    May 22, 2012
    Messages:
    2,752
    Thanks Received:
    338
    Trophy Points:
    48
    Ratings:
    +339
    Obama Did Not Inherit a Mess, But a Great Opportunity--Which He Wasted​








    by Joel B. Pollak
    Obama Did Not Inherit a Mess, But a Great Opportunity--Which He Wasted

    21 Oct 2012

    President Barack Obama has often lamented that he “inherited” a mess from George. W. Bush. His opponents acknowledge that, but argue that Obama made the situation worse. “Did they come in and inherit a tough situation? Absolutely. But we’re going in the wrong direction!” Ryan said during the Vice Presidential debate on Oct. 11.

    The truth, however, is otherwise: Obama inherited a fantastic set of political circumstances.

    The economy was near the trough of the recession, and would likely have rebounded quickly, had Obama not intervened with radical new policies such as Obamacare and Dodd-Frank. Even allowing for the (disputed) argument that financial collapses lead to slower, longer recoveries, it is likely that the economy would have rebounded far more quickly had Obama not created new uncertainty, new business costs, and new debt.

    The controversial bailouts--the Troubled Asset Relief Program and the auto bailout--were already under way, with the former passing Congress with bipartisan majorities and the latter initiated by Bush when Congress rejected it. Both of these massive expenditures, which also gave the government unprecedented economic control, could have been fodder for intense opposition under Obama--but he was spared the task.

    On the war front, the Bush “surge” in Iraq--which Obama had opposed vigorously--had been a success, enabling Obama to devote more attention and resources to securing gains in Afghanistan. The key intelligence that would later be critical to locating Osama bin Laden had already been gathered, thanks to the capture in Iraq of Hassan Ghul and the waterboarding of Khalid Sheikh Mohammed--which Obama had also opposed.

    There was little, in fact, that Obama needed to do, other than that which ought to have come naturally to any new President: focus on the economy, with small adjustments to regulations, perhaps a few interventions (Obama’s original stimulus proposal was $50 billion), and maybe some appropriate prosecutions (which, curiously, never happened).

    With the economy on the rebound, Obama would likely have coasted to re-election, and he could have used his second term to attempt more ambitious, transformative plans.

    But Obama refused. He and his advisers chose to seize the crisis to implement radical changes, while his Democratic allies helped themselves to massive helpings of pork. The ill-fated stimulus of February 2009 rallied the opposition; the Obamacare push only galvanized it; and the 2010 midterm elections halted Obama’s transformative plans.

    President Obama had a second chance--many second chances, in fact. He could have done what Bill Clinton did after his party lost control of Congress in 1994, and moved toward the center. He could have brokered a “grand bargain” with Republicans to cut the deficit and the national debt, much as Clinton had done in 1996 with welfare reform. But Obama refused, doubling down on “change” and causing the debt deal to collapse.
    [excerpt]
     
    • Thank You! Thank You! x 4
  2. Amelia
    Offline

    Amelia BANNED

    Joined:
    Feb 14, 2011
    Messages:
    21,830
    Thanks Received:
    5,105
    Trophy Points:
    0
    Location:
    Packerland!
    Ratings:
    +5,119
    Good summary of Obama's tenure
     
  3. OODA_Loop
    Offline

    OODA_Loop Account Terminated

    Joined:
    Aug 24, 2011
    Messages:
    6,953
    Thanks Received:
    468
    Trophy Points:
    83
    Ratings:
    +523
    He spent 100's of miilions to be the one to fix the mess.

    How'd that work out ?
     
  4. Murf76
    Offline

    Murf76 Senior Member

    Joined:
    Nov 11, 2008
    Messages:
    2,464
    Thanks Received:
    593
    Trophy Points:
    48
    Ratings:
    +594
    That's really what I thought he'd do, back when he was first elected. I was under no illusions about Obama's radical agenda, having researched him thoroughly by then. It seemed that the rational thing to do would be to institute small changes, curry trust with the people, and then drop the hammer down in a second term. I was actually pretty surprised when he chose an adversarial stance just three weeks into his term and has stood on it ever since. I mean, it's madness. :eek:

    Underneath it all, what I think happened is that he just simply doesn't have the emotional maturity to keep his hatred of Republicans at bay or to take the heat when his liberal base prods him. If it was only that he had super-majorities in Congress for the first two years, tempting him to go for it right away and then make up lost ground politically afterwards, why wouldn't he have triangulated after the 2010 midterm?
     
    • Thank You! Thank You! x 1
  5. Jackson
    Offline

    Jackson Gold Member Supporting Member

    Joined:
    Dec 31, 2010
    Messages:
    19,665
    Thanks Received:
    4,881
    Trophy Points:
    290
    Location:
    Nashville
    Ratings:
    +12,708
    It was even more than that. He took the stimulus and turned it into pork during bargaining and after that spent his time on Obamacare instead of the economy. While having a majority in Congress, it would have been a wise time to foster alliances with the right. But he ignored all of these things until things got worse and still gave lipservice to the economy.

    He just wasn't prepared for this job. We can see what a disaster his foreign policy has turned out to be.
     
    • Thank You! Thank You! x 2
  6. Wehrwolfen
    Offline

    Wehrwolfen Senior Member

    Joined:
    May 22, 2012
    Messages:
    2,752
    Thanks Received:
    338
    Trophy Points:
    48
    Ratings:
    +339
    So what you've said is simply that Obama was "Inexperienced" when he took the job and "Incompetently" handled his position as most of Americans now believe. Then there's the fact that Oblamer just mouthed the words "Transparency" and never has followed through. We can all see the results by what occurred on 9/11/12.
     
  7. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    [​IMG]

    Go, sit down, somewhere, Skippy......



    Get back, to us, once you've completed Jr. High School.....


    [​IMG]
     
  8. SniperFire
    Offline

    SniperFire Senior Member

    Joined:
    Feb 28, 2012
    Messages:
    13,627
    Thanks Received:
    1,219
    Trophy Points:
    48
    Location:
    Inside Your Head
    Ratings:
    +1,223
    The guy never ran so much as a hotdog stand before being given the most important leadership job in the world.



    And we were expecting....... ?
     
  9. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819


    :eusa_whistle:
     
    Last edited: Oct 21, 2012
  10. NYcarbineer
    Offline

    NYcarbineer Diamond Member

    Joined:
    Mar 10, 2009
    Messages:
    96,288
    Thanks Received:
    11,278
    Trophy Points:
    2,060
    Location:
    Finger Lakes, NY
    Ratings:
    +30,338
    If losing 700,000 jobs a month, and GDP at minus 6%, just for starters, isn't a mess,

    what is? How much worse would that have to be to be a mess?
     

Share This Page