It will be difficult to forgive the Americans who put Barack Obama in office. Even after he leaves office, the nation and the world will suffer from his actions, "The evil that men do lives after them," is certainly true in this case.
Here are some of the low-lights to which short sighted Americans sentenced all of us:
1. "We all will be living with the effects of his presidency for many years to come, long after the Obama's have retired to New York City and Marthas Vineyard. .... the reality is that even if President Obama doesnt accomplish another new thing in the next two years, the actions he has already taken make him one of the most consequential presidents ever.
2. The federal debt held by the public has grown on President Obamas watch to about $12.6 trillion from about $6.8 trillion. The Obama presidency wont be over until that nearly $6 trillion in new debt is either paid back or defaulted on.
a. As a percentage of gross domestic product, the federal debt held by the public has soared to 73.8% today from 43.8% .... wont be over until that figure returns to the status quo ante. Dont hold your breath.
3. .... the Patient Protection and Affordable Care Act known as ObamaCare remains the law of the land, at least those parts that havent been waived or unilaterally rewritten by the Obama administration....
a. ... Republicans have funded its implementation and have no consensus on an alternative..... A mere 20 Senate candidates have signed the pledge to repeal ObamaCare.
b. .... inertia and framing means that repealing ObamaCare now becomes, at least in the press, a fight in which opponents of the law are depicted as taking away health coverage from sympathetic cancer victims, sick children, and other needy patients.
4. On immigration, too, Mr. Obamas actions will be hard to undo. His signaling of a path to legal status for illegal immigrant children has attracted a wave of unaccompanied minors....60,000 will come this year,...
a. .... unable to win passage of a law to increase levels of legal immigration or change the laws to create a path to citizenship for illegals. But hes somehow managed to crack open the gates nonetheless.
5. On foreign policy as on the economy, .... if the next president has to confront a radical Islamist terrorist threat newly strengthened from operating bases in Iraq, in Syria, and in an Iran on the verge of nuclear weapons, he will have some genuine justification for blaming Mr. Obama, whose retreat will be remembered in the Middle East and beyond for years to come.
6. As for the economy, the chances of a repeal of the Dodd-Frank financial regulation legislation are slimmer even than for a repeal of ObamaCare. So the 13,000 employees that JPMorgan Chase has added in the past couple of years to handle regulatory issues and compliance are likely to remain with us, in what passes for job-creation, Obama-style.
a. .... the Consumer Financial Protection Bureau that Dodd-Frank created with a permanent funding stream from the Federal Reserve. The CFPB is spending$145 million to renovate a new headquarters.
7. The most enduring and dangerous Obama legacy, though, may be the expansive way he has suspended, waived, and rewritten laws, particularly the health care law. A lawless president, was the headline the Washington Post....
a. [Imagine a future President] citing Obamas actions as precedent for suspending other parts of the ObamaCare or Dodd-Frank laws."
Obama Presidency To Endure Years After Obama Himself Has Retired From Office - The New York Sun
Here are some of the low-lights to which short sighted Americans sentenced all of us:
1. "We all will be living with the effects of his presidency for many years to come, long after the Obama's have retired to New York City and Marthas Vineyard. .... the reality is that even if President Obama doesnt accomplish another new thing in the next two years, the actions he has already taken make him one of the most consequential presidents ever.
2. The federal debt held by the public has grown on President Obamas watch to about $12.6 trillion from about $6.8 trillion. The Obama presidency wont be over until that nearly $6 trillion in new debt is either paid back or defaulted on.
a. As a percentage of gross domestic product, the federal debt held by the public has soared to 73.8% today from 43.8% .... wont be over until that figure returns to the status quo ante. Dont hold your breath.
3. .... the Patient Protection and Affordable Care Act known as ObamaCare remains the law of the land, at least those parts that havent been waived or unilaterally rewritten by the Obama administration....
a. ... Republicans have funded its implementation and have no consensus on an alternative..... A mere 20 Senate candidates have signed the pledge to repeal ObamaCare.
b. .... inertia and framing means that repealing ObamaCare now becomes, at least in the press, a fight in which opponents of the law are depicted as taking away health coverage from sympathetic cancer victims, sick children, and other needy patients.
4. On immigration, too, Mr. Obamas actions will be hard to undo. His signaling of a path to legal status for illegal immigrant children has attracted a wave of unaccompanied minors....60,000 will come this year,...
a. .... unable to win passage of a law to increase levels of legal immigration or change the laws to create a path to citizenship for illegals. But hes somehow managed to crack open the gates nonetheless.
5. On foreign policy as on the economy, .... if the next president has to confront a radical Islamist terrorist threat newly strengthened from operating bases in Iraq, in Syria, and in an Iran on the verge of nuclear weapons, he will have some genuine justification for blaming Mr. Obama, whose retreat will be remembered in the Middle East and beyond for years to come.
6. As for the economy, the chances of a repeal of the Dodd-Frank financial regulation legislation are slimmer even than for a repeal of ObamaCare. So the 13,000 employees that JPMorgan Chase has added in the past couple of years to handle regulatory issues and compliance are likely to remain with us, in what passes for job-creation, Obama-style.
a. .... the Consumer Financial Protection Bureau that Dodd-Frank created with a permanent funding stream from the Federal Reserve. The CFPB is spending$145 million to renovate a new headquarters.
7. The most enduring and dangerous Obama legacy, though, may be the expansive way he has suspended, waived, and rewritten laws, particularly the health care law. A lawless president, was the headline the Washington Post....
a. [Imagine a future President] citing Obamas actions as precedent for suspending other parts of the ObamaCare or Dodd-Frank laws."
Obama Presidency To Endure Years After Obama Himself Has Retired From Office - The New York Sun
