Editor's note: This column contains satire. This fact is noted for all the liberals that may be reading. That is all.
President Obama’s aggressive agenda for his second term might have been controversial, if it weren’t for his spectacular first term successes.
The president’s expansive vision of federally driven, universal government education of children too young for grade school, his complex plan for a network of federal “hubs” to resuscitate American manufacturing, his aggressive action plan against polluting industries to correct earth’s climate, all could have provoked strong opposition, perhaps even media skepticism.
He also courageously signaled that Congress’s bad faith and groundless resistance to his reform agenda might force him to assert executive power in novel, untested ways. That too, might have triggered resistance and hostile news coverage. But it didn’t.
The president’s track record of keeping campaign promises, solving problems, and improving the lot of average Americans dictated a different result. A historically successful first term garnered political capital and national good will that smoothed the way for bold experimentation in term two.
Consider jobs and employment. From recent historic highs in joblessness, the president turned things around. In just a few years, America reclaimed its historic average of 5.8% unemployed. Similarly, economic growth bounced back, and by 2011 was hitting its healthy norm of 3.5% annual growth.
A major bright spot powering the stunning resurgence is green energy. The president boosted green potential in his campaign. True to his word, Obama’s DOE shrewdly awarded strategic grants and incentives to help breakthrough companies add power to the grid, increase efficiency, and reduce costs for renewable energy. America’s economy garnered billions in robust return from the administration’s savvy seed capital. The future potential for more of the same is virtually infinite.
The improved jobs situation mirrors the president’s success at getting the national deficit under control. As he promised, by the end of his first term, deficit spending was slashed to a half of the deficit he inherited from that economic arsonist, George Bush. Obama’s hapless challenger in the last election tried to make an issue of fiscal policy, but with the credibility of success and promises kept, the president spiked the attacks like well set volleyballs.
Get the Market Movements in Advance: William's Edge Webinar for Tuesday, March 11th, 2014 | John Ransom