Instead of working on the payroll tax cut bill, or a jobs bill, or a deficit reduction plan, President Obama decided to spend his time in a one-on-one interview with 60 min. In that interview, Steve Kroft actually asked some interesting questions. President Obama seemed like he was conceding that it was going to take more than one term and more than one president to solve our economic problems. I couldn't agree more. President Obama is certainly not solving them in this term.
President Obama is also accusing members of Congress of skewing their vision because they are not looking past the next election. President Obama is a clear example of also not looking past the next election. I he were, he would pass along his decision on the Keystone pipeline. This could create tens of thousands of jobs throughout the country and not need a government subsidy. But the president would rather not create the jobs and believe that he is saving the environment from pollution and not create the jobs. This will create a greater dependency on government because the people who could be working may be collecting food stamps and receiving government handouts in lieu of a paycheck. This is Obama's vision for America.
President Obama can't run on his record. Unemployment is still too high, economic growth is too low. Foreign policy and relations with other countries is a disaster. The stimulus bill did not work. Health care is not been implemented. The financial regulation bill is also a disaster. Crony capitalism has not ended. If anything, it's gotten worse. In an effort to win a second term, the president will undoubtedly rely on mudslinging and character assassination. He will continue to blame his lack of leadership on others. It's the Republicans, it's the tsunami, it's George Bush's fault. We've heard it before, and boy, are we going to hear this all again.
Will anything be accomplished by the Obama administration through Congress this year? Again, the president will be blaming the Republicans for not passing his agenda. It's obviously too hard for the president to work some deals out in Congress. He has to be Harry Truman and run against Congress. Then he has to beat Theodore Roosevelt and run as a populist against the business community. The economy has stalled because we don't have enough regulation. Americans aren't working because there isn't enough public finance to create enough government jobs for anyone who is unemployed. Yes,
this is going to take more than one term.. And in Obama's words. It's going to take more than one president.