SMRs and AMRs

Wednesday, November 23, 2011

Go Big, Mr. Obama

By THOMAS L. FRIEDMAN
NYT

President Obama has a clear choice on how to approach the 2012 election: He can spend all his energy defining Mitt Romney, Newt Gingrich or whoever ends up as the Republican nominee in as ugly a way as possible, or he can spend all his energy defining the future in as credible a way as possible. If he spends his energy defining his Republican opponent, there is a chance the president will win with 50.00001 percent of the vote and no mandate to do what needs doing. If he spends his time defining the future in a credible way and offering a hard, tough, realistic pathway to get there, he will not only win, but he will have a mandate to take the country where we need to go.

I voted for Barack Obama, and I don’t want my money back. He’s never gotten the credit he deserves for bringing the economy he inherited back from the brink of a depression. He’s fought the war on terrorism in a smart and effective way. He’s making health care possible for millions of Americans with pre-existing conditions, and he saved the auto industry. This is big stuff. But, as important as all of these achievements are, they pale in comparison to the defining challenge of Obama’s presidency: Can he put the country on a sustainable economic recovery path at a time when, if we fail, it could be the end of the American dream?

I believe the best way for Obama to do that is by declaring today that he made a mistake in spurning his own deficit reduction commission, chaired by Erskine Bowles and Alan Simpson, and is now adopting Simpson-Bowles — which already has Republican and Democratic support — as his long-term fiscal plan to be phased in after a near-term stimulus. If he did that, he would win politically and create a national consensus that would trump his opponents, right and left.

“I think what happened with Simpson-Bowles was an absolute tragedy,” Warren Buffett said on CNBC last week. “They work like a devil for 10 months. ... They compromise. They bring in people as far apart as [Democratic Senator Dick] Durbin and [Republican Senator Tom] Coburn to get them to sign on and then they’re totally ignored. I think that’s a travesty.”

(More here.)

2 Comments:

Blogger Tom Koch said...

Obama has already accomplished big things, just look at our deficit.

7:46 AM  
Blogger Patrick Dempsey said...

huge!!

11:26 AM  

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