About Me

Durham, North Carolina, United States
I've always been an idealist, bothered that our world doesn't function as it should. Now I've learned -- to some extent -- to start with the world as it is, while still trying to encourage the world to become that ideal world.

Tuesday, November 2, 2010

Has Obama Failed?

The hue and cry of the Republicans -- and some Democrats -- has recently been to the effect that the Obama presidency has failed. Key evidence: the continuing high unemployment rate.
Is our economic situation as we want it to be? Admittedly no. Ten percent unemployment is clearly unacceptable. So does this mean that Obama has failed? I would suggest that the implied comparison (where we are vs. where we’d like to be) is erroneous.
The proper comparison has to be between where we are, under Obama, and where we would be if his administration had not done what it has, or -- to put it very bluntly and starkly -- where we would be if McCain had been elected.
Of course, we do not know for sure what McCain and Palin would have done, but we have a pretty good idea, both from those candidates’ statements during the 2008 campaign and from the statements and positions of Republican leaders since. I think it is clear that under McCain/Palin we would be feeling the effects of more tax-breaks for the wealthy, more cuts in government programs for the poor and middle classes,and less effort at economic stimulus.
And what would those effects be? The CBO -- Congressional Budget Office -- recently released some projections that without the Obama stimulus programs, unemployment now might be 13% or 14%. And we can figure that there would be more people losing their homes, more people exhausting their unemployment benefits -- in short, we would be in a major depression, not just a painful recession.
So has Obama failed? Hardly. He has achieved a lot, compared to where the country was when he started and where it might have gotten to with different policies and programs.

And we need to recognize too that what the Obama administration as accomplished has been tempered -- and severely limited and distorted -- by the obstinacy and determination of Republicans to do everything possible to cause Obama to fail, regardless of what might be best for the country.

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