''Quite a record for 287 days: All that, and a Nobel Peace Prize, too.''
It’s been a year since a healthy majority of American voters elected Barack Obama to change the world. Which is precisely what he’s doing.
Like many people who desperately want to see the country take a more progressive course, I quibble and quarrel with some of President Obama’s actions. I wish he’d been tougher on Wall Street, quicker to close Guantanamo, more willing to investigate Bush-era excesses, bolder in seeking truly universal health care. I wish he could summon more of the rhetorical magic that spoke so compellingly to the better angels of our nature.
But he’s a president, not a Hollywood action hero. Most of my frustration is really with the process of getting anything done in Washington, which is not something Obama can unilaterally change, nimbly circumvent or blithely ignore. One thing the new administration clearly did not anticipate was that Republicans in Congress would be so consistently and unanimously obstructionist—or that Democrats would have to be introduced to the alien concept of party discipline. It took the White House too long to realize that bipartisanship is a tango and that there’s no point in dancing alone.
Step back for a moment, though, and look at Obama’s record so far. His biggest accomplishment has been keeping the worst financial and economic crisis in decades from turning into another Great Depression. Yes, the $787 billion stimulus package was messy, but most economists believe it was absolutely necessary—and some believe it should have been even bigger. Yes, Obama continued the Bush-era policy of showering irresponsible financial institutions with billions in public funds. Yes, the administration bailed out the auto industry—and we actually heard the president of the United States reassure Americans that General Motors warranties would be honored.
But these and other actions convinced the financial markets that the White House would do anything to avoid a complete meltdown. The economy grew at a rate of 3.5 percent in the third quarter and, while unemployment
may not yet have peaked, the odds of a strong and fairly swift recovery have greatly improved. http://www.truthdig.com/report/item/20091102_a_record_you_can_believe_in/