Ken
O’Brien
The Dow Industrial Average is approaching 18,000.
Job growth in November hit a fifteen year high. Unemployment is below 6%. Gasoline
prices are approaching $2.50 per gallon. And we are finally making progress in
achieving universal health care – first proposed by Harry Truman over 60 years
ago.
By any objective measure the Obama Administration
has been a success.
This is especially true by comparison to our sister
economies of Western Europe, which have consistently teetered on the brink of
resurgent recession.
Post the 2008 economic meltdown there was a major
split on economic policy. Western Europeans and most American Conservatives
argued for a policy of austerity. American Liberals rallied with the
newly-elected President and implemented a policy of economic stimulus.
Six years later there can be little doubt as to
which was the wiser course of action.
Nevertheless the President has been the object of
vilification to an extent unseen before in modern times. The recent midterm
elections saw candidates from his own party seeking to distance themselves from
him at almost every turn.
How do we account for this pattern of policy success
and election and re-election of the chief executive while simultaneously
witnessing two midterm reversals of fortune and a pervasive feeling that we are
on the wrong path?
It has its inception almost immediately following
President Obama’s first inauguration with a meeting of Republican leaders to
adopt a “just say no” approach to all of his initiatives.
While this approach failed to stymie the initial
stimulus plan and adoption of the Affordable Care Act (the latter by the
slimmest of margins), it has since succeeded in virtually all other respects.
The initial Republican policy of “just say no” was
quickly joined by the voice of conservative media, led by Fox News as well as
Rush Limbaugh and his cadre of reactionary opinion-molders. These voices, led
by Fox News, gave rise prominence of the Tea Party movement and its initial
coalescence in opposition to the ACA. Their fear-mongering about “death panels”
along with charges of massive waste in the stimulus plan led to the first
reversal in the 2010 midterm elections that gave Republicans control of the
House.
The emergence of the Tea Party movement gave a voice
to others with even more regressive goals motivated by three fundamental
factors.
First was the long-standing element of racism
inherent in many Americans, most notably the lowest income and lower middle
income elements of society. Coupled with the Republican and Tea Party successes
in 2010 in many state legislatures, this gave rise to partisan redistricting
enhancing their stranglehold on local dominance and accelerated adoption of a
variety of voter ID laws designed to limit minority, youth and elderly access
to the polls.
Second was the backlash among many evangelicals,
fundamentalists and hardcore male supremacists against feminism. This was most
pronounced in the area of abortion, giving rise to an unprecedented number of
bills at both the Federal and state level to restrict access to the rights
initially granted by the Roe V. Wade Supreme Court decision.
Third, and related in many ways to the preceding two,
was a growing fear of the loss of privilege among white males that they had
enjoyed since the founding of the republic. This gained expression through the
largely unchallenged, indeed often unrecognized, preservation and enhancement
of financial perks that exempted large financial institutions from meaningful penalties
for causing, and reaping benefits from, the financial collapse of 2008. In
addition, it accelerated the accretion of wealth at the highest income levels
exacerbating the income disparities between the richest and poorest to levels
unseen since the 1920’s.
Despite these gains, the “new” conservative
coalition was unable to turn the tide in the 2012 election. While it maintained
control of the House it could not overcome the Democratic voter turnout effort
and the perception that the Republican candidate was a champion of the
financial elite. Nevertheless, more extreme voices were added to the mix such
as Texas Senator Ted Cruz.
In the midst of this, the degree of Obama
Derangement Syndrome reached new heights. In addition to the ongoing attacks
over fast and furious, the IRS targeting of political interest groups and, of
course, Benghazi, any chance of new legislative initiatives reached an absolute
standstill. Despite the fact that virtually all elements of these “scandals”
were eventually discredited, they live on among those who refuse to accept the
facts. Efforts to add to economic stimulus through infrastructure spending went
nowhere. And attempts to move forward on the issue of immigration were cut
short by the refusal of House Speaker Boehner to allow a vote on a bipartisan
immigration bill approved by the Senate.
Simultaneously, the obstructionist tactics of the
conservative majority began to have an ever-increasing impact on foreign
policy. The longstanding tradition of politics stopping at the water’s edge
went by the boards. Whether in Georgia, Libya, Syria or the Ukraine, the
ability of the President, or his Secretary of State, to act in the
international arena was severely damaged by being relentlessly undercut by
domestic criticism.
Despite the fact that the Republican shutdown of the
government had cost the U.S. its credit rating and millions, if not billions,
of dollars, despite the fact that the ACA had succeeded in substantially
improving the conditions of millions of Americans and despite the fact that the
stimulus program had already shown its success, the convergence of the three
factors outlined above, combined with the failure of the Democrats to put
forward a unified message, the 2014 midterms were a disaster.
The races at both state and national levels were
characterized by an increased level of fear of change. There was an increased
fear of the loss of white male privilege. There was a demonstrable “war on
women”. There was an increased element of racism, perhaps most notably
demonstrated in the early defeat of former house majority leader Eric Cantor in
his primary race, primarily as a result of his perceived position on
immigration reform. And all of this was
compounded by the failure of the Democrats to address, not only their
successes, but any vision for the future. All of this led to no small amount of
rejoicing by those at Fox News and in the conservative echo chamber.
Perhaps no truer words have been spoken about the
current state of Republican affairs than those recently uttered by Jeb Bush;
you have to “lose the primary to win the general”.
Despite their gerrymandering of political districts,
the “new” conservatives do not have a message that is capable of winning
numerous local primaries while leaving them in a position to win a national
election.
In the meantime, the current Democratic coalition
must realize that it has a solid foundation upon which to build.
It has eschewed the politics of racism. It has
supported the rights of women. It has embraced science over superstition.
It must embrace the successes of the Obama
Presidency while acknowledging that its shortcomings are not failures but
short-term concessions.
If Hillary Clinton is to be the party’s nominee, she
has to step outside the realm of safely mincing her words. She has to realize
that Senators Bernie Sanders and Elizabeth Warren are the voices of the future
of the party.
America cannot tolerate for much longer the
dominance of its politics by an oligarchic ruling class and the ruinous
influence of their massive ability to shape policy through financial dominance
of elections at all levels.
Democrats should allow the “new” conservatives to
focus on the hopeless task of herding the stray cats that they have let out of
the bag. They should turn their attention to the reality that change takes time
and is incremental. The 2016 election will position a new president to begin
formulating policies that will set the stage for a new census in 2020. That census
will provide the opportunity to fundamentally reshape the future of the
American electoral map.
Obama is amazing, and he is rebuilding the American dream!
ReplyDeleteLet me explain why I'm grateful for the Obama presidency below.
1. Obama destroyed the Clinton Political Machine, driving a stake through the heart of Hillary’s presidential aspirations - something no Republican was ever able to do.
2. Obama killed off the Kennedy Dynasty - no more Kennedy's trolling Washington looking for booze and women wanting rides home.
3. Obama is destroying the Democratic Party before our eyes! Dennis Moore had never lost a race. Evan Bayh had never lost a race. Byron Dorgan had never lost a race. Harry Reid - soon to be GONE! These are just a handful of the Democrats whose political careers Obama has destroyed. By the end of 2016 dozens more will be gone. Just think, in December of 2008 the Democrats were on the rise. In the previous two election cycles, they picked up 14 Senate seats and 52 House seats. The press was touting the death of the Conservative Movement and the Republican Party. However, in just one year, Obama put a stop to all of this and has given the House and the Senate back to the Republicans.
4. Obama has completely exposed liberals and progressives for what they are. Sadly, every generation seems to need to re-learn the lesson on why they should never actually put liberals in charge. Obama is bringing home the lesson very well: Liberals tax, borrow and spend. Liberals won't bring themselves to protect America. Liberals want to take over the economy. Liberals think they know what is best for everyone. Liberals are not happy until they are running YOUR life.
5. Obama has brought more Americans back to conservatism than anyone since Reagan. In one year, he has rejuvenated the Conservative Movement and brought out to the streets millions of freedom loving Americans. Name one other time when you saw your friends and neighbors this interested in taking back America!
6. Obama, with his "amazing leadership," has sparked the greatest period of sales of firearms and ammunition this country has seen. Law abiding citizens have rallied and have provided a "stimulus" to the sporting goods field while other industries have failed, faded, or moved off-shore.
7. In all honesty, one year ago I was more afraid than I have been in my life. Not afraid of the economy, but afraid of the direction our country was going. I thought, Americans have forgotten what this country is all about. My neighbors and friends, even strangers, have proved to me that my lack of confidence in the greatness and wisdom of the American people has been flat wrong.
8. When the American people wake up, no smooth talking teleprompter reader can fool them! Barack Obama has served to wake up these great Americans! Again, I want to say: "Thank you, Barack Obama!" After all, this is exactly the kind of hope and change we desperately needed!!
9. He made Jimmy Carter happy since Jimmy is no longer the worse president we've ever had.
10 He has lost more seats in the house and senate than any other president including previous record holders Eisenhower and FDR. His approval rating is abysmal which proves he is completely out of touch with what the American people want and that a lot of people have buyers remorse. .
A perfect illustration of Obama Derangement Syndrome. What took you so long?
DeleteWhat took me so long ?
DeleteWhy did you post this and not all the other replies to your Bush Derangement Syndrome posts against Republicans?
Because your previous screeds (frequently multiple pages) did little more than the current one. You ignore facts and reality and engage in little more than hyperbolic hate speech. You and the rest of your ilk who bathe in the perversion of the truth fostered by Fox News, Rush Limbaugh and the rest of the conservative echo chamber can celebrate your minor victories of the present while the current national majority and even more so the emerging youth demographic increasingly see through your biases and resentments. Speak out all you want - you only serve to substantiate my arguments.
DeleteThe Dow Average, Unemployment Rate, and Gas Prices are not the key indicators of a successful administration. However, if you want to use them as such then please do not cherry pick the statistics that seem to give your point of view merit.
ReplyDeleteFirst let us tackle the unemployment data. The approximately 6% that you cite is actually “Total unemployed, as a percent of the civilian labor force (official unemployment rate)”. It does not include the workers who are underemployed (working in part-time jobs or in jobs that they are over qualified for. It also does not include those workers who want to be employed but have given up the job search and have exhausted their unemployment benefits. The true number is closer to 12% as reported by the Bureau of Labor Statistics.
The unemployment number is also bolstered by the job creation rate, but there is also a caveot to that statistic. Sure there is job creation but it is the types of jobs that are being created that are the problem. Because of Obama Care 75% of the jobs created are part-time jobs that carry with them no benefits or job security.
As far as falling gas prices: The Obama Administration has had nothing to do with this. The Saudi’s are following their own foreign policy agenda by keeping production up.
Then there is the DOW AVG. It is creature of the global economic situation more than that of the US. It is amazing that it still maintains a positive growth with all the regulations that this administration has placed on businesses to include mandates because of Obamacare.
In conclusion, this administration’s job performance will be ranked lower than Jimmy Carter’s.
You’re point about the so-called “labor participation rate”, the U6 component of the unemployment series is an interesting one. I don’t recall this statistic being used to any degree until Fox started emphasizing iy at the start of the Obama Presidency. Try to recall when you first heard it being talked about. Nevertheless, it has declined from its highs of almost 17% to its current level of between 11% and 12%. Far more troubling is the stagnation in income levels which only began to move with the November data.
DeleteAs far as the rest of your accusations of cherry-picked data are concerned, they are all metrics that have been used against this Administration while it was attempting to dig out of the Bush Economic Collapse. Having overcome them, even in the face of unrelenting Republican opposition, it is now politic to say that Obama’s policies had nothing to do with them. Aside from the obvious example of comparing them to Western Europe’s experience as I have done, the fact is that you can’t have it both ways.
As regards your final point, even Jimmy Carter looks good when compared dispassionately to the record of George W. Bush.
DeleteKen,
DeleteYou're starting to take on the Rachel Maddow persona.