Economist: It’s time for Obama to lead

March 28th, 2009 By: Michael van der Galien | Tags: , ,

barack obama

The Economist, which endorsed Barack Obama for president last year, has published an editorial criticizing his leadership. Especially with regards to domestic policy, the Economist has been sorely disappointed by the behavior of the 44th and first African American president in history.

His performance has been weaker than those who endorsed his candidacy, including this newspaper, had hoped. Many of his strongest supporters—liberal columnists, prominent donors, Democratic Party stalwarts—have started to question him. As for those not so beholden, polls show that independent voters again prefer Republicans to Democrats, a startling reversal of fortune in just a few weeks. Mr Obama’s once-celestial approval ratings are about where George Bush’s were at this stage in his awful presidency. Despite his resounding electoral victory, his solid majorities in both chambers of Congress and the obvious goodwill of the bulk of the electorate, Mr Obama has seemed curiously feeble…

There are two main reasons for this. The first is Mr Obama’s failure to grapple as fast and as single-mindedly with the economy as he should have done. His stimulus package, though huge, was subcontracted to Congress, which did a mediocre job: too much of the money will arrive too late to be of help in the current crisis. His budget, though in some ways more honest than his predecessor’s, is wildly optimistic. And he has taken too long to produce his plan for dealing with the trillions of dollars of toxic assets which fester on banks’ balance-sheets.

The second:

Mr Obama has mishandled his relations with both sides in Congress. Though he campaigned as a centrist and promised an era of post-partisan government, that’s not how he has behaved. His stimulus bill attracted only three Republican votes in the Senate and none in the House. This bodes ill for the passage of more difficult projects, such as his big plans for carbon-emissions control and health-care reform. Keeping those promises will soon start to bedevil the administration. The Republicans must take their share of the blame for the breakdown. But if Mr Obama had done a better job of selling his package, and had worked harder at making sure that Republicans were included in drafting it, they would have found it more difficult to oppose his plans. If Mr Obama cannot work with the Republicans, he needs to be certain that he controls his own party. Unfortunately, he seems unable to. Put bluntly, the Democrats are messing him around.

With regards to foreign policy the Economist is much kinder:

In foreign policy in particular Mr Obama has already done some commendable things. He has held out a sincere hand to Iran; he has ordered Guantánamo closed within a year; he has set himself firmly against torture. He has, as the world and this newspaper wanted, taken a less strident tone in dealing with friends and rivals alike.

But the criticism about his domestic policy stands. And I think rightly so.

There’s only one point I disagree on with the editorial. The man and women at the Economist still seem to believe that Obama may not be as liberal as he clearly is. This is, I think, a tragic mistake. He has shown himself to be a domestic liberal ideologue. The only possible way for him to decide to govern a bit from the center is, I think, when Americans force him to.

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  1. FraidyKatt
    March 28th, 2009 at 15:10
    Reply | Quote | #1

    Barak Obama is a nar cis·sist

    1. Excessive love or admiration of oneself.
    2. A psychological condition characterized by self-preoccupation, lack of empathy, and unconscious deficits in self-esteem.
    3. Erotic pleasure derived from contemplation or admiration of one’s own body or self, especially as a fixation on or a regression to an infantile stage of development.
    4. The attribute of the human psyche characterized by admiration of oneself but within normal limits.

    This is no more characterized then his incessant need to be in front of the spotlight. Giving news conferences the old way then cooking up new ways to give them. Going on the hollywood circuit and appearing on Jay Leno etc.

    He is preoccupied with himself and with his image and with his ratings to the point that he is trying to be all for everyone instead of just governing.

    He is Jimmy Carter reincarnated. We put good ole Jimmy in charge when the nation was in financial trouble and we were in deep do do for years. Fortunately Reagan could try something new that worked and its been a plus and a minus for the GOP every since.

    Now the GOP just thinks the solution to everything is CUT TAXES and they have stopped thinking.

    DO YOU HEAR THAT GOP??? YOU have stopped thinking. Come on. Lets come up with some 21st century idears.

  2. Mike
    March 28th, 2009 at 16:25
    Reply | Quote | #2

    I agree with the Economist’s view, but one part puzzles me a bit. On the one hand, they call the stimulus bill mediocre because “too much of the money will arrive too late to be of help in the current crisis”. This was the main criticism Republicans had. But on the other hand, the Economist goes on to partially blame Republicans for the breakdown in bipartisanship because they rejected the “mediocre” stimulus bill. That seems contradictory to me. Maybe this is the work of a committee that didn’t quite agree, or maybe the Economist didn’t want to be seen as too one-sided.

    Maybe it’s just that the Economist didn’t want to get into the nuances. Personally I opposed the stimulus bill, but I also didn’t like the way the Republicans argued against it. I would have focused, as the Economist did, on the lack of short-term stimulus. Instead, Republicans too often went after individual line-items which had only symbolic importance.

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