How has President Obama done so far?

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This is the second review article on the President since he took office.

President Obama is going into history as the first African American elected to the presidency of USA. However, he might also go into history as a one term president because of the economy travails, and lack of apparent leadership. He has, in my opinion, created an image of arrogance and lack of effective leadership. He is becoming a polarizing force in the political spectrum of the country.

He has developed an atmosphere of uncertainty with his approach of decision making.  Even the most important legislation of his administration to date, Health Care Law, he delegated the initiative to former Speaker Pelosi until it looked doubtful it will pass. He then got involved in what many called “Chicago politics” to pass the bill.

Some commentators hold that the government’s reformist staff and the President would have been capable of tackling the country’s very acute problems were it not for resistance from the party’s left wing guard. Perhaps that is true. But the voters who picked President Obama in November of 2008 were voting for change which was never spelled out during the campaign.

Jobs

Pres. Obama seems unable to get a firm grip on the tough issue-the economy. When the 25 million people who are unemployed or cannot find full time work will they find a full time job? Does our president understand what is going on? Blaming others here or overseas does not really define the problem and therefore improvement of the economic situation is not anywhere near!

With a heavy regulatory burden, payroll taxes and health-care costs, employing people has become very expensive. Last January, the Golden Gate Bridge announced that it will have zero toll takers next year: They’ve been replaced by wireless FastTrak payments and license-plate snapshots.

Technology is eliminating jobs:

Tellers, phone operators, stock-brokers, stock-traders: These jobs are nearly extinct. Since 2007, the New York Stock Exchange has eliminated 1,000 jobs. And when was the last time you spoke to a travel agent? Nearly all of them have been displaced by technology and the Web. Librarians can’t find 36,000 results in 0.14 seconds, as Google can.

Doctors are under fire as well, from computer imaging that looks inside of us and from Computer Aided Diagnosis, which looks for patterns in X-rays to identify breast cancer and other diseases more cheaply and effectively than radiologists do. Other than barbers, no jobs are safe.

But be warned the USA economy is incredibly dynamic, and there is no quick fix for job creation when so much technology-driven job destruction is taking place. Fortunately, history shows that labor-saving machines haven’t decreased overall employment even when they have made certain jobs obsolete. Ultimately the economic growth created by new jobs always overwhelms the drag from jobs destroyed—if policy makers let it happen.

Politics

The inexperienced officials around the President have managed the crisis as an exercise in political maneuvering to position the President for the next election..

Some believed that President Obama’s personality and intelligence alone would be enough to convince and appease the voters. Some claim that the administration has won society’s silent consent. However, the government’s problem is not so much the frustration or the reactions from the various sections of our society but uncertainty that is now eroding our confidence in investing in our economy instead of what appears to be– moving back to  a well-fare state

The Obama administration seems ineffective, but that should hardly come as a surprise since President Obama had no prior executive experience of any kind! He has lost touch with a great part of the society and he looks more and more as a spent political force. But in politics surprises are the norm!

President Barack Obama is looking more and more like a one-term president.
This brilliant person with extensive academic education – a graduate of Harvard Law School and director of the School’s Law Review – and an unusually powerful speaker, has shrunk and turned into an ordinary politician.
Even his supporters admit it, and wonder out loud “what happened to Obama?”
The short answer is his lack of experience is evident (something similar to what is happening in Greece).
The fact is that Obama inherited a deep financial crisis; the worse since the Great Depression.

However, it is also a fact that instead of focusing his attention on handling the crisis – and primarily focusing to create an environment for entrepreneurial investments in the private sector of our economy–forming new jobs – he lost valuable time and wasted many political resources on his health care reform bill, and bail-out and unsuccessful policies.

It is also true that the Republicans never miss an opportunity to attack him, and put him down.

For me, the most essential of Obama’s problems is that after almost three years as president, there are still few people who know what he is thinking, what he represents, and what he believes. The question that is often posed is if he can recover during the time he has left in office. Yes, he can, but it won’t be easy. Polls show that most Americans like him and trust him. But they don’t think that he is capable of fixing the economy. Maybe there isn’t all that much time left after all.

The key to the next election will be economic issues, and primarily the unemployment figures.

 

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