Obama
at the Crossroads
It was reported yesterday, November 26, 2010, that
President Obama sustained an injury in a game of pick-up basketball that
required 12 stitches. He was seen peering out of a White House window with an
ice pack on his upper lip as the White House Christmas tree was being delivered.
Adding insult to injury, an unnamed White House source claims that President
Obama is suffering from severe depression.
While such a claim is at best unsubstantiated, President Obama has a variety of
foreign and domestic issues on his plate, enough to give any president cause for
concern. Somehow, he must have known what he was in for when he announced to the
world in February, 2007 that he was running for President of the United States.
What supporters and opponents alike what to know is: does he have the stomach to
weather the storm, bringing both his presidency and the nation to the other side
of the challenges before him?
President Obama’s next few weeks will be critical in
determining his chances for re-election in 2012. Two major issues before him
include (in roughly descending order of importance):
In Foreign Policy
The Korean Crisis:
North Korea has launched mortar attacks against the South Korean island of
Yeonpyeong twice in one week with a death toll of four South Koreans, two
civilian and two military personnel. The United States has directed the aircraft
carrier USS George Washington to the
Korean peninsula with the intention of engaging in combined war games with the
South Koreans. In the meantime, little has taken place on the diplomatic front.
President Obama called Chinese President Hu Jintao to exert pressure on the
North Koreans to cease their aggression against the South. All of this takes
place with the knowledge that North Korea has unveiled a new and improved
nuclear weapons development plant that has the ability to enrich weapons-grade
uranium.
What are President Obama’s options? If he reacts by using
American technology and firepower to disable the North Koreans, he could spark
either a second Korean War or a third world war. Failure to act with sufficient
forcefulness might indicate to the North Koreans that the president is weak and
lacks the will to stand up to the poorest and most totalitarian nation in the
world. President Obama’s decision will set the stage for the ascension of Kim
Jong Eun, the young son and presumptive successor of the ailing Kim Jong Il.
Like JFK needed to find a middle ground that exuded strength along with
restraint during the Cuban Missile Crisis, so Obama must find a way to avert a
wider crisis while clearly safeguarding both American and South Korean interests
in East Asia and across the globe.
In Domestic Policy
The Bush-Era Tax
Cuts: President Obama campaigned on
a platform of hope and change, appealing largely to the middle class, a segment
of American society that had apparently suffered under the Bush years. Obama
promised to cut taxes for the middle class while allowing the Bush tax cuts for
the wealthiest Americans to expire. Allowing those taxes to be reinstated,
according to Obama, would bring badly needed revenue into the treasury, thereby
reducing the Federal deficit and bolstering the American economy as a result.
Republican opponents claimed that raising taxes in the middle of a recession
would only hamper the recovery by preventing small and large businesses alike
from hiring American workers. Obama’s critics continued to point to the
persistently high unemployment rate, still hovering around 9.6% in spite of some
signs of growth in gross domestic product (GDP) since Obama took office.
Enter the new Republican majority in the US House of
Representatives. Pundits claimed their victory was a referendum on the Obama
agenda, an about-face from federal spending in the form of the stimulus bill and
health care reform from which Americans neither benefitted nor wanted to see
pass. Democrats held on to their majority in the Senate, but just barely. Their
numbers fell far short of the 60 senators needed to end Republican filibusters
of future legislation. The question before the President and his advisors:
whether to compromise with the Republican House and extend the Bush tax cuts as
a signal of bipartisan cooperation, or stand firm on campaign promises regarding
wage earners over $250,000 in the hope of keeping the left flank of the
democratic base in line? It seems unlikely that the democrats will be able to
get the Bush tax cuts repealed by the end of their lame duck session in
mid-December of this year.
The course of action taken by the Obama White House as the
112th Congress convenes
In January of 2011 will determine which segment of the
electorate to alienate or to mollify. Compromise with House Republicans may
require temporarily extending the Bush-era tax cuts for those who earn up to
$1,000,000 for one year. The stimulative effect of such a move might delay
progress on the deficit, but it may restore enough confidence in the US economy
that capital-bloated US corporations may start their long-awaited hiring spree.
If Obama can get the unemployment rate to nudge southward from its current
plateau, he may just be insuring himself a second term. He can leave the problem
of the deficit to his successors.
President Obama must project a veneer of strength in both
of these areas if he is to survive politically. Many in his own party see him as
weak and unwilling to stand up for the goals he outlined in the campaign.
President Obama must show he has the ability to lead and not just campaign. If
he can do that, his next campaign will be as successful as his first.
George Casutto's Cyberlearning World:
http://www.cyberlearning-world.com
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