SMRs and AMRs

Sunday, February 19, 2012

Ezra Klein: With a second term go Obama’s accomplishments

By Ezra Klein,
WashPost
Sunday, February 19, 4:37 PM

In his essay on President Obama’s first term, James Fallows dismisses Obama’s conceit that he would prefer to be “a really good one-term” president than a “mediocre” president who served two terms. “The reality,” Fallows writes, “is that our judgment about ‘really good’ and ‘mediocre’ presidents is colored by how long they serve. A failure to win reelection places a ‘one-term loser’ asterisk on even genuine accomplishments. Ask George H. W. Bush, victor in the Gulf War; ask Jimmy Carter, architect of the Camp David agreement.”

For Obama, it’s about more than the asterisk. The most important fact of Obama’s reelection campaign is that, if he wins, the single most important accomplishment of his second term would be protecting the gains of his first term. If he wins, the Affordable Care Act — barring a truly unexpected ruling from the Supreme Court — becomes the law of the land. If he wins, Dodd-Frank becomes the law on Wall Street. If he loses, both policies are likely to either be rolled back or hollowed out. Bush’s victory in the Gulf War withstood Bill Clinton’s election, and the Camp David agreement was not undone by Ronald Reagan. In Obama’s case, however, a failure to win a second term will not just color his accomplishments. It will decide their fate.

Moreover, if Obama wins a second term, his accomplishments would be comparatively limited. He would not enjoy anything like the congressional majorities of his first two years again. He is likely to face a Republican House or a Republican Senate or both. What he can accomplish in terms of new legislation will thus depend on how much congressional Republicans want him to accomplish, in terms of new legislation. Although there’s some reason to believe that losing the 2012 election could empower more moderate factions in the GOP, anything beyond modest levels of cooperation would remain unlikely. Divided government is not the place for miracles. As such, it’s likely to be the legislation from Obama’s first term that decides his legacy and holds the most hope of addressing the country’s toughest policy problems.

Of late, there have been a number of sweeping assessments of Obama’s first term. Andrew Sullivan’s essay in Newsweek was the most admiring. Obama, he writes, plays a “long game” that frustrates his supporters and detractors, alike, but has led to an incredible record of success on his core priorities. “The president begins by extending a hand to his opponents; when they respond by raising a fist, he demonstrates that they are the source of the problem; then, finally, he moves to his preferred position of moderate liberalism and fights for it without being effectively tarred as an ideologue or a divider.”

(More here.)

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