Obama's Legacy Depends On Accomplishments

It’s a known fact that the President has no control over the circumstances under which they take office. I’m sure that Barack Obama never envisioned that he would be inaugurated during one of the United States’ most severe economic recessions, just as I’m positive that, say, Gerald Ford never expected to attain the presidency as a result of Richard Nixon’s infamous resignation. But, oh well; part of the office’s responsibilities include reacting to the social, economic, and political “curveballs’ that are thrown the country’s way. However, merely “reacting” isn’t enough.

 The President also needs to “set a course”, a course that will continue to make the United States relevant, secure, and functional in the coming decades. But that’s a task at which not all of our presidents have found themselves to be adept. Depending on whom one asks, certain presidents have actually left this country in worse condition than that in which they found it. That’s what Republicans say about…oh, we’ll say Jimmy Carter. But it’s also what Democrats in the Obama administration—including Barack Obama himself—seem to repeat ad nauseum about George W. Bush. But Mr. Obama would do well to be aware that his own administration is teetering on the knife’s edge between success and failure. Sure, they may have stabilized certain sectors of the economy (but the jobs are still hard to come by) and they may have succeeded in signing into law the most ambitious health care reform in America’s history (see you in 2014, reform); But the Obama White House will need to bring more cards than that to the table if they want to be remembered as anything more than a blip on the nation’s political radar.

 Now I won’t pretend to be an expert on anything, but here are some goals that I think the President and his administration should aim to accomplish:

 

  • Make the United States energy independent. Or at least, get the ball effectively rolling. This is something that has been talked about since the days of Richard Nixon and nothing tangible has been accomplished. And thanks to BP’s deepwater fiasco, the stage has been uniquely set for the other shoe to drop and make some progress. Cap and trade seems to be where the discussion will start (and I think it has its advantages, but that’s another post), but really, at this point, anything should be on the table. Maybe there’s a deal that can be struck that combines cap and trade’s focus on new efficient technology with the self-provision of drilling offshore. Bottom line: this country needs to able to meet its own energy demands.
  • Make more of tangible effort to reduce the budget deficit. Back in February of 2009, Peter Orzag, the Director of the Office of Management and Budget, declared that the President would put America on “a sustainable financial course”. Make that step. The current deficits, no matter whose fault they are and no matter whether they are necessary or not, cannot be sustained over the long-term. Just like the United States can’t keep ordering out for its oil, it can’t keep having to have other countries own its debt. The President made a good step by removing some important budget “gimmicks” that brought hidden debt back into the budget. Now, he should complete the circle and clear that debt out. Maybe it means the government spends a little leaner, and maybe it may even mean some strategic revenue increases (yes, I mean taxes), but it has to be done.
  • Close Guantanamo Bay. This one actually has nothing to do with how I feel on the matter. It has more to do with the fact that the President specifically vowed to close the controversial facility within a year of taking office. It’s been more than a year. Gitmo is still open and it’s really become a little bit of an embarrassing punchline. If the President gets it closed, it just might make people (at least some) take him a little more seriously.

We get it, Mr. President. You didn’t exactly inherit America at its best. But the time for pointing that out has passed, and the United States is getting impatient. If you want build up some equity with the general public, the best strategy is to cross important items off of America’s much-neglected “To Do” list. The aforementioned list includes just a few that I think can be achieved. But if 2 ½ more years pass by without any progress, the Obama White House might find itself on the wrong side of history’s memory.

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Comments

Wow, guys, thanks for the feedback.

Wow, thanks everyone for the comments. I just started this blog a month ago, it's great to see it get some quality response.

 

Alvin, interesting thought on the spending debate. Personally, I side with the Keynsian view of government spending to mitigate economic depression and keep money flowing. But whether that course is sustainable is a valid point, especially with the already large amount of debt that had accumulated ever since Reagan was in office. Also, maybe I am expecting too much, but I'm nothing if not a naive believer in the system.

 

Also, to cluster fang, valid point about needing to take responsibility for debt. Right now, I believe the government is debating between cutting corporate taxes in hopes of turning the extra money into jobs or putting out more stimulus money into the states and the middle class in hopes that it will cycle back into the economy. The thing is, I don't necessarily think that either course will have immediate results because I believe the American tendency has moved toward saving. I think at this point we're just going to have to wait until people have accumulated enough that they'll start spending it. That'll just take some time.

 

Thanks again, everyone.

 

Alvin you say "Had it not

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Alvin you say "Had it not been for the massive spending this government has done we would be in a depression, not a recession."

How do you know? I understand learning from relevant history; however, is there no hope left for Capitalism? American's taking responsibility for their own debts. Savings-rather-than-debt focused small businesses being the backbone of America. It seems the majority of Americans are depending on Government to save them and the economy.

How bad could the consequences of the American trillions in debt compare to another depression. ...I suppose American won't know until this house of cards, called trillions in national debt, falls down on us, or the countries we owe demand payment.

I would like to begin by

4

I would like to begin by resonding to Alfred's comment on Obama's spending. Yes, Obama is spending a lot. Let us take a lesson from history though. 1929-The Stock Market Crash. Herbert Hoover saw the economy of the United States tanking and decisively did nothing. He did what many Americans are calling on the government to do today: tighten up those purse strings. Herbert Hoover decided to make an example before the American people and cut spending within the US government, the result was the Great Depression. We need to remind ourselves that there is a big difference between 10% and 25% unemployment. Had it not been for the massive spending this government has done we would be in a depression, not a recession. If anything, our govenmnent has not done enough.

Brandon, your article is well written. You lay out a very specific plan for what would be a great presidency. But I do feel that you are expecting far too much from a democratic system. The only President who I would compare your list to would be that of FDR, who was able to win four consecutive landslides with control of both houses throughout his terms. The reason: they were obviously pretty angry with Hoover. As much as Bush has provided fuel for the Obama presidency, it is nothing compared to that of what Hoover did for Roosevelt. Today people are not naming empty pockets "Bush Flags" and neither are homeless towns appearing called "Bushvilles".

I recently learned that it

5

I recently learned that it has taken the US the entire HISTORY of America, up until a few years ago, to accrue about 9 trillion (of the current 13 trillion, as i understand) in debt. That realization is bad enough, however the scary part is the realization that it has only taken Congress the past few years to accrue 4 TRILLION MORE dollars in debt!!! Congress, Obama... we need to stop the purveyance of dependence on overspending. Regardless of the socialist theories, the 13 trillion in debt is reaching the limit where the US simply cannot recover. America needs to grow up -- some problems elude even the most powerful people. ... and Obama certainly isn't superman. Obama isn't even to the level of Alvin the Chipmunk!!!

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