Barack Obama’s Titanic presidency is sailing towards a November disaster

Thursday, August 26, 2010
By Paul Martin

By Nile Gardiner
August 26th, 2010

Influential Washington news site Politico has a major piece this morning revealing mounting fears among leading Democrats over worsening prospects for retaining control of the House of Representatives in this November’s mid-terms. According to Politico:

Top Democrats are growing markedly more pessimistic about holding the House, privately conceding that the summertime economic and political recovery they were banking on will not likely materialize by Election Day.

In conversations with more than two dozen party insiders, most of whom requested anonymity to speak candidly about the state of play, Democrats in and out of Washington say they are increasingly alarmed about the economic and polling data they have seen in recent weeks.

They no longer believe the jobs and housing markets will recover – or that anything resembling the White House’s promise of a “recovery summer” is under way.

The Politico piece also points out that “in two close races, endangered Democrats are even running ads touting how they oppose their leadership”, and cites a Democrat pollster as saying “the reality is that (the House majority) is probably gone”.

The defeatism on the Left strikingly highlighted in this piece is the culmination of a disastrous summer of discontent for the White House, where the president’s approval ratings have plummeted against a backdrop of relentlessly bad economic news, a virtual civil war within the ruling liberal elites, and the impressive rise of the anti-establishment Tea Party movement . As I’ve written previously, we’ve witnessed the most stunning and rapid political decline for a US president in recent American history.

Despite a mammoth economic stimulus package, US unemployment hovers around the ten percent mark, the housing market remains in a deep slump, and consumer confidence is stubbornly low. At the same time President Obama has appeared increasingly out of touch with the American people, weak-kneed and indecisive, and simply out of his depth in the face of an economic crisis.

Nearly every indicator points to a massive slap in the face for the Obama presidency this November when Americans go to the polls for Congressional elections, at a critical moment in US history. Barack Obama may not be on the ballot, but these elections will be overwhelmingly a referendum on his failing leadership, and public opposition to his big government measures, including exorbitant levels of government spending, intervention and borrowing, the expansion of entitlement programmes, spiraling budget deficits, and the tremendously expensive introduction of socialised health care.

The Obama agenda has in many ways been an extraordinary and unprecedented assault on the free enterprise system that made the United States the most powerful nation the world has ever seen. It has succeeded not only in making America weaker, poorer and gravely more indebted, but also in eroding the very principles of liberty and freedom upon which it is based. The backlash will be huge. This November, the sinking Obama presidency is heading for a political iceberg that will rock the foundations not only of Capitol Hill, but the White House as well.

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