Thursday, February 16, 2012

Ezra Klein : "The legislation Obama has already signed into law is far greater in scope and ambition than anything he has subsequently proposed, or is likely to pass. For Obama’s presidency to be remembered as one of the most consequential in recent American history, he does not need a new strategy, or a new personality."

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"He simply needs to win a second term so that he can protect the accomplishments of his first".



Washington Post
The best way to judge Obama’s first term — and his second
By Ezra Klein
February 12, 2012


The best way to judge Obama’s first term — and his second


Some excerpts :

The most important fact of Obama’s reelection campaign is that, if he wins, the single most important accomplishment of his second term will be protecting the gains of his first term. If he wins, the Affordable Care Act — barring a truly unexpected ruling from the Supreme Court — becomes the law of the land. If he wins, Dodd-Frank becomes the law on Wall Street. If he loses, both policies are likely to be either rolled back or hollowed out. Bush’s victory in the Gulf War withstood Bill Clinton’s election, and the Camp David agreement was not undone by Ronald Reagan. In Obama’s case, however, a failure to win a second term will not just color his accomplishments. It will decide their fate.

Moreover, if Obama did win a second term his accomplishments would be comparatively limited. He will not enjoy anything like the congressional majorities of his first two years again. He is likely to face a Republican House or a Republican Senate or both. What he can accomplish in terms of new legislation will thus depend on how much congressional Republicans want him to accomplish in terms of new legislation. Though there’s some reason to believe that losing the 2012 election could empower more moderate factions in the GOP, anything beyond modest levels of cooperation would remain unlikely. Divided government is not the place for miracles. As such, it’s likely to be the legislation from Obama’s first term that decides his legacy and holds the most hope of addressing the country’s toughest policy problems.
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We also know what Obama wants to do. Raise taxes on the wealthy. Invest in infrastructure. Address climate change. Reduce the deficit, albeit on a more gradual path than many Republicans say they would prefer. Roll back Citizens United. End the war in Afghanistan. And, perhaps most importantly, entrench the major pieces of legislation passed in his first term.
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