Sunday, July 08, 2012

Spiralling Obama




US President Barack Obama’s magic finally dwindles down as the GOP took a wrenching hold on US Congress after the US November Midterm Elections. So the honeymoon is over for the top guy, especially now that for such a long, long time, the American leader is not the most powerful person in the world, but Hu Jintao, the venerable top guy of China.



Perhaps, Obama is not a so different political guy afterall, and therefore not exempt from that murphyish law on politics, where an iconic leader usually rockets up to the top of the heap, almost in a mystical way (Bill Clinton, GMA, Tony Blair) only to see their popularity ratings spiraling down just months after they take the helm of governance, and legislative bodies immediately neutralizing or even flipping over as in the present case (predicament) of President Obama.



Some well-known leaders had escaped this rule, like JFK and perhaps British Iron Lady Margaret Thatcher. But they are none too many.



In the case of Pres. Obama, the downslide on his popularity or influence had seemingly came much too early and a little bit sharp and fast, makes it a close possibility that he might not be able to proceed to a second term and could go down as merely an aberration in the political history of America instead of being historically numinous, wherein his winning (being an Afro-American person) supposedly signaled a radically more open and mature American society – culturally and politically.



A lot of issues had hounded Obama’s leadership even from the beginning, most actually are not of his own account, like the huge economic recession he had inherited from the former administration, leading to continued high rate of unemployment and lackluster financial environment, as well as the widening government deficit.



The truth is, he Obama had handled the financial crisis quite well and things could have been worse, but the Democrats, according to one critic, was just in such a difficult situation campaigning on a platform of “better than the worst”.



Maybe Obama should put a stop gap measure on government spending, as somehow Keynesian strategies seem to be not too adaptable to the growing globalization of economy. Maybe he should find ways on how to bring back jobs and capital to America, if that is just possible, even if every American business entity is locating somewhere else, mostly in China.



Maybe, he’d still be able to pull it up and be vigorous enough to win another term in 2012.

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