Redmond’s post – MORAN TIMEBOMB – on Bob Cesca’s Awesome Blog generated a lot of activity in the comments field today, the day after a number of important elections in the U.S. when a large portion of the population typically and laudably morphs into furled-eyebrow pundits furiously reading tea leaves in an effort to understand and predict President Obama’s future impact. Perhaps I sat too close to the screen as I read, but the knee-jerk reactions ricocheting about the comments section caught me on the left side of my brain leaving me momentarily stunned until I came across MrBrink’s comments. His words struck a chord with me as I peered at the dog and pony show from the nosebleed section reserved for the non-American audience. Into the mix he infused a dispassionate and realistic ingredient – namely that which can be reasonably expected of a President a mere 9 months in office. After skewering Bill Maher’s spectacularly amoebic analysis that, according to MrBrink’s paraphrasing, “The Obama’s got a dog and didn’t do much of anything else. But I’m glad we didn’t get McCain and Palin”, he moves on to a reason-based discussion of President Obama’s influence, intentions and effectiveness, a portion of which I have posted below;
What would FDR do about terrorism?
Arab Internment camps?
FDR also got pretty much everything he wanted in his first 100 days from congress. What would he do about Blue Dogs?
FDR used radical means, sometimes unconstitutional, to stabilize the nation’s banking and labor sectors and it didn’t happen overnight– or even within the first term. Obama’s making better progress than FDR in this area.
Side bar: This isn’t the first time unemployment was 10%. People need to remember that Reagan presided over 10% unemployment and his poll numbers in 1983 were 35%. 35%! We went from being the nation’s foremost creditor nation to the world’s foremost debtor nation under Reagan while the deficit exploded to unprecedented levels for peacetime, and he’s considered one of the greatest presidents of all time. Go figure.
FDR led a massive war effort that aided recovery and soothed unemployment, but it obscured the realities and actual effectiveness of his economic policies which have been argued to have “preserved the worst evils of capitalism,” despite all the good that came of them.
These are different times with numerous recurring problems that the president inherited 100%. Obama does have the benefit of drawing on FDR and every president since to stabilize the economy and restore confidence in America again. To “save capitalism” and protect labor and manufacturing is a shit shoveling job. But we’ve also got environmental concerns, outdated social injustices, trade policies, hostile nuclear pursuits in unstable regions, and a foreign policy that cannot be decided by a few guys in a room sipping cognac and martinis over a map of the world.
We went from FDR until Reaganomics without a billion dollar bailout. Conservative policies are poison. It seems to be a lesson easily forgotten or white washed.
Obama is more respectful of the constitution than FDR, but FDR gets all the glory?
I don’t want an FDR today. That would scare the crap out of me. Too radical too fast.
I just want his financial regs restored and updated.
To read Redmond’s post Moran Timebomb at Bob Cesca’s Awesome Blog, as well as the comments it generated, please go to http://bit.ly/DJLiV