Ed Schultz asked this question on air recently, presumably in defense of Obama and the growing unrest with his presidency. It's a good question and I think it deserves our attention.
Could another President have done better?
I have to confess that I am tired of hearing the same excuses. "It's the right wing's fault. It takes a long time.He's afraid of being assassinated. He had to pass something. No one could resist the temptations of being one of ruling elite".......
People want to like him and want him to do well. But it's just as important to understand if and when he is failing.
Let us begin by acknowledging that the right wing is not in power, the Democrats are. In fact it has it has been 40 years since a political party has enjoyed as much power as the Democrats now have.
Their dirty little secret is that they can pass whatever they want whenever they want. There is no Constitutional requirement for a super majority in the Senate or for a filibuster. The Democrats don't even need to vote on it. The party in power makes the rules. The party in power decides the agenda.
Rahm Emmanuel can just as easily spend his time butting DINO's heads together as he can seducing and arm twisting members of the Progressive Caucus to vote against their consciences.
Fixing the economy isn't rocket science. We know what to do. Stop the hemorrhaging. Correct the structural issues. Help the victims and put the offenders behind bars. It isn't rocket science. Has Obama done these things?
As long as the majority of Americans are still staggering under the weight of a multiyear recession while Wall Street hucksters are partying hearty, the answer has to be no. The only place any of the people who brought down the economy are serving time is in the White House. No jobs, no recovery and no justice.
It's not that Obama has tried to do the right thing and it just isn't working. He's not doing the right things.
He hasn't corrected the structural issues that brought the economy crashing down. The Wall Street Casino is still open for business and the banksters are still out there "slicing and dicing" and gambling, this time, with our money. These arrogant so and sos' are even refusing to lend to small businesses (the real engine of economic growth). Instead of exercising his legitimate power, Obama is looking the other way.
The only decent thing about the financial "reform" legislation is the new Consumer Protection Agency. Has Obama championed a credible head for this new agency? Nope. Elizabeth Warren is left twisting in the wind while Obama chats with Tim Geithner to see which of his Wall Street cronies will get the slot.