Friday, January 20, 2017

LEADERS_ OPINION_ The harsh truth about Barack Obama: He failed

NEWS.COM.AU

leaders

The harsh truth about Barack Obama: He failed


January 20, 201710:06pm



Barack Obama will leave office with a fragile legacy. Pic: AP


Sam Clench  news.com.au  @SamClench

OPINION

ALL hope, no change.

The world still swoons over Barack Obama, but we need to face the harsh truth about his presidency: it has been a crushing let-down.

The greatest American presidents are renowned for what they did in office. Abraham Lincoln ended slavery. Franklin Roosevelt created the New Deal. Ronald Reagan stared down the Soviet Union.

Mr Obama will enjoy a broadly positive legacy, but for very different reasons. He’s a cultural icon. History will remember him for what he represented, not what he accomplished. He has been an admirable role model, but an ineffective president.



Mr Obama’s presidency was thoughtful, but often ineffective. Picture: AP Source:AP


Eight years ago, when he first ran for the White House, Mr Obama spoke of “fundamentally transforming” the United States. His idealistic speeches and extravagant promises captured the imaginations of Americans suffering through George Bush’s wars and the start of the Global Financial Crisis.

Mr Obama’s achievements since then bear little resemblance to the soaring rhetoric, and many of them are about to be dismantled by Donald Trump anyway.

His administration did oversee America’s relatively slow economic recovery after the GFC, bringing the unemployment rate down below five per cent. It also reformed the regulations governing Wall Street. But all of that was quickly overshadowed by Mr Obama’s top priority — the health care law known as Obamacare.

The goal, to help millions of Americans who couldn’t afford health insurance, was noble. The law itself, and the manner in which it was implemented, set Mr Obama’s presidency on a toxic path from which it would never recover.


READ MORE: http://www.news.com.au/finance/work/leaders/the-harsh-truth-about-barack-obama-he-failed/news-story/64ab142c2b07f0bfd35cd3de6cff764d


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