Tuesday, January 03, 2017

"Less than glorious"

Joel Kotkin writes in the Orange county Register,
Like a child star who reached his peak at age 15, Barack Obama could never fulfill the inflated expectations that accompanied his election.

...Rather than stress his biracial background, Obama, once elected, chose to place his whiteness in the closet and identified almost entirely with a particular notion of the American black experience.

Whenever race-related issues came up — notably in the area of law enforcement — Obama and his Justice Department have tended to embrace the narrative that America remains hopelessly racist. As a result, he seemed to embrace groups like Black Lives Matter and, wherever possible, blame law enforcement, even as crime was soaring in many cities, particularly those with beleaguered African American communities.

Eight years after his election, more Americans now consider race relations to be getting worse, and we are more ethnically divided than in any time in recent history. As has been the case for several decades, African Americans’ economic equality has continued to slip, and is lower now than it was when Obama came into office in 2009, according to a 2016 Urban League study.

On the economy, Obama partisans can claim some successes. He clearly inherited a massive mess from the George W. Bush administration, and the fact that the economy eventually turned around, albeit modestly, has to be counted in his favor.

Yet, if there was indeed a recovery, it was a modest one, marked by falling productivity and low levels of labor participation. We continue to see the decline of the middle class, and declining life expectancy, while the vast majority of gains have gone to the most affluent, largely due to the rising stock market and the recovery of property prices, particularly in elite markets.

At the same time, Obama leaves his successor a massive debt run-up, doubling during his watch, and the prospect of steadily rising interest rates. Faith in the current economic system has plummeted in recent years, particularly among the young, a majority of whom, according to a May 2016 Gallup Poll, now have a favorable view of socialism. Economic anxiety helped spark not only the emergence of Bernie Sanders, but later the election of Donald Trump.

Yet, as his term ends, if one looks around the world, the ascendant powers — China, Russia and Iran — are all effectively enemies of America, despite Obama’s attempt to placate them all. Our perceived lack of backbone is certainly one reason why China is pursuing its policy to turn the South China Sea into its own private lake, and some of our historical allies in the area are gravitating toward the Middle Kingdom.

The most tragic of Obama’s failures has been Syria, where he refused to enforce his own “red line” against the Bashar al-Assad regime and gradually conceded control of that devastated country to Iran, Russia and assorted, often conflicting, Muslim militias. Recent talks to settle the conflict include Russia and an increasingly hostile Turkey, but not the world’s putative top superpower.

Barack Obama was a master politician, but he also may end up as a largely failed one. Obama built an impressive “coalition of the ascendant” — minorities, millennials, well-educated liberals — but his current high level of popularity could not prevent his now dispirited party from suffering its worst defeats, in terms of officeholders, since the 1920s.

Following the Obama script, but without the man himself, the Democratic Party lost most of the country. Hillary Clinton may have achieved a plurality among all voters, but Republicans ran the table in most states, and received upwards of 3.5 million more votes than Democrats in congressional races. Obama’s presidency saw the virtual destruction of his own party in much of the country, notably in the South, Appalachia and the Great Plains.

His one great accomplishment, Obamacare, seems destined to be altered drastically under President-elect Donald Trump and a fiercely right-wing GOP Congress. His post-2010 achievements relied almost entirely on executive orders and regulatory rulings, most of which can be canceled out with the signature of President Trump. Obama may have soared into office based on his persona, but his denouement seems likely to be something less than glorious.
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