Friday, July 6, 2012

A plan that offers Obama a fighting chance!




The Washington Post ^ | July 5, 2012 | Jonathan Rauch

At this point in 1980, Jimmy Carter was on the path to oblivion but didn’t know it. Barack Obama may share Carter’s fate if he doesn’t change course soon.

The 1980 presidential race was neck and neck until the end. It finally broke for Ronald Reagan when voters concluded that Carter could not cope with the economy and that Reagan, despite his conspicuous flaws as a candidate, was a viable alternative.............

This election will be decided largely by independent voters, most of whom can probably tell you that Mitt Romney’s economic plan is to repeal Obamacare and shrink the government. It may not make much sense, but it’s clear. Ask what Obama’s plan is, and they won’t be certain. They will know, however, that what he has done hasn’t worked. And by the fall, many independents will have made up their minds.
The president’s failure, so far, to show that he understands the scope of the economy’s problems and knows how to fix them does not stem from having nothing to say: investment in education, energy, innovation and infrastructure are reasonable things. But they are also slow-acting, small-bore stuff. Such talk does not include additional economic stimulus, an element that many economists, especially Democratic-leaning ones, consider crucial to prevent a double-dip recession. Nor does it deal realistically with long-term growth in spending.
So Obama should draw a map and send it to Capitol Hill in the form of a bill — a president’s strongest statement that he intends action. A big legislative proposal can frame the issue and paint Obama’s intentions in bold colors. It should include three elements:..........
(Excerpt) Read more at washingtonpost.com ...

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