In a recent television interview, President Barack Obama stated that he would rather be a great one-term president than a mediocre two-term president. While many commentators puzzled over the president’s precise meaning, it seems fairly clear that this was not meant as a slap at his two immediate predecessors, but was a defense of his own administration’s ambitious agenda. Regardless of his slipping poll numbers, growing public concern over drunken sailor-like spending, and startling Democratic electoral reverses, the president dismisses the current unpleasantness and claims to be interested in short term victory, not any type of long term legacy. The president might achieve his goal of one- term greatness, but a look at the record will show that he has been a disastrously bad one-year president.
The president rode the deep recession of 2007-08 to the White House and set about making a bad situation worse. He immediately broke his promise to not raise taxes on those making less than $250,000 yearly by imposing a new levy on cigars and cigarettes. He intends to let the Bush tax cuts expire, which will raise income tax rates, and have the effect of raising the taxes themselves by a trillion dollars. The president has also dropped his rhetoric about “cutting taxes for 95% of all Americans” and is now dropping hints about the need for “contributions” in order to control the ballooning deficit.
Mr. Obama and his Party never ceased bashing the Bush Administration for turning a purported surplus into a deficit, but the Obama Administration projects yearly deficits in the trillions of dollars for the next decade. The American public also saw the Obamaites cavalier approach to public finance and taxation during the past year. High-level Obama nominees like former Senate Majority Leader Tom Daschle, the HHS-Secretary designate, withdrew his nomination over his failure to report and pay his taxes. Annette Nazareth, nominated as Deputy Secretary of Treasury, withdrew after an FBI probe into her tax filings. Commerce Secretary-designate Bill Richardson withdrew his nomination after an investigation into his business dealings and taxes in New Mexico. Similar revelations of tax dodging marred the confirmation hearings of Treasury Secretary Timothy Geithner, Labor Secretary Hilda Solis, and Nancy Kellifer, who withdrew from consideration as the government’s chief performance officer when it was discovered that she had neglected to pay taxes related to child care. The president ran on a platform advocating higher taxes on the wealthy, then nominated tax scofflaws to high positions within his Administration. Hypocrisy…anyone?
Mr. Obama stuck to his radical roots on social issues last year, as well. He ran as the most fervent champion of legalized abortion ever nominated by a major party, running to the left of Hillary Clinton on the issue, and winning the endorsement of the National Abortion Rights Alliance. As president, he has not disappointed his pro-choice base, repealing the “Mexico City Rule” which prohibited American foreign aid being used to fund abortions, and has stated that he will sign the so-called Freedom of Choice Act, which will codify the 1973
So, President Obama, apparently discounting his 2008 declaration that he hoped to be a transformational president, in the style of Reagan or the Roosevelts, now suggests he simply wants to be a “great one-term president…” His first year in office, however, seems to portend three more years of very hard times for our great republic.