From King of the world to dead in the water in six months

Charles Krauthammer writes:

Barack Obama, already naturally inclined to believe his own loftiness, graciously accepted the kingly crown and proceeded to ride his reelection success to a crushing victory over the GOP at the fiscal cliff, leaving a humiliated John Boehner & Co. with nothing but naked tax hikes. Thus emboldened, Obama turned his inaugural and State of the Union addresses into a left-wing dream factory, from his declaration of war on global warming (on a planet where temperatures are the same as they were 16 years ago and in a country whose CO2 emissions are at a 20-year low) to the invention of new entitlements — e.g., universal preschool for five-year-olds — for a country already drowning in debt.

Nonetheless, whatever happens, the screw will surely turn again, if only because of media boredom. But that’s the one constant of Washington political life: There are no straight-line graphs. We live from inflection point to inflection point. And we’ve just experienced one: From king of the world to dead in the water in six months. Quite a ride.

Please read more here.