The Coming Post-Obama Renaissance
Quite Exceptional, In Fact
The American Constitution remains singular and ensures a stable form of government of the sort absent in a Russia, China, the Islamic world, and even (or especially) the EU. Yes, I know Obama has mused that democracy is suddenly “messy” and he lamented to the La Razistas that he couldn’t quite enact legislation by fiat. And, yes, the governor of North Carolina, in revolutionary fashion, just wondered why we could not suspend congressional elections for a bit, while former budget director Peter Orszag (did he not get his trillions in “stimulus” from a Democratic Congress before he fled to Citicorp?) now dreams of a way of running around democratic “gridlock.” But for all that sudden liberal lamentation that the noble ends cannot be achieved by any means necessary, our system of government remains. And it will ensure us a stability abjectly absent elsewhere in the world.
Second, even Barack Obama cannot stop the oil and gas industries. Their brilliant new technologies and entrepreneurialism may well turn us into a fuel depot like Saudi Arabia, doubling our proven oil and gas reserves. Soon someone is going to see that our own natural gas can power millions of cars, freeing our foreign policy from Gulf authoritarians. We are poised for an oil boom not seen since the age of Texas and Oklahoma wildcatting. With a friendly new administration and more exploration out West, offshore, in the Gulf and in Alaska to augment the Dakotas oil renaissance, we will soon save hundreds of billions of dollars in imported fuel costs, stop subsidizing our enemies, perhaps help to lower energy prices worldwide, create “millions of new jobs,” and give a larger window of opportunity for solar, batteries, and alternative energies to become more efficient and cost competitive in the free market.
Pressure Is Building
Third, private enterprise is hoarding cash, uncertain over the costs of ObamaCare, in fear of more regulations and higher taxes, stung by “at some point you’ve made enough money” harassing bluster, and still convinced that equally cautious consumers are simply not buying. Yet, the country is still growing, still needs new homes, more food, and more energy. There are few strikes. Americans remain more self-reliant than our competitors. We are not a shrinking nation with the demographic crises of a Europe or Russia. Soon the mounting pressure will be released by a new change in government and we will see a recovery that should have occurred more than two years ago when the recession officially “ended” in June 2009 — only all the more enhanced due to its delay. When Obama leaves office, there will be a sense of psychological release in the business community that will lead to a far greater “stimulus” than printing more money.
Tempered by Fire
Fourth, that psychology of catharsis that accompanies the end of this administration will last for sometime. The next time Keynesians lecture us on more borrowing or greater spending (fill in the blanks), Americans will perhaps ask, “So we need to borrow at least $5 trillion within three years? Keep interest rates at near zero? Vastly inflate the money supply? Extend unemployment insurance to over 100 weeks? Exceed 50 million on food stamps?”
With an inept Carter, the left’s lament was “weak messenger.” With the triangulating Clinton, it was “weak message.” With Obama, despite the recent defections and liberal angst, there were both the messianic messenger and the true-blue message. What’s left? The American people turned on both in less than two years. That change of mood will lead the way to necessary reform in a way a less harmful McCain administration could not have achieved: greater revenue from tax simplification, tax reduction, and greater tax compliance, less regulations, entitlement reform, and budgetary discipline. Obama is doing to liberal politics what no right-wing activist could dream up.
Lead from the Front
Fifth, we tried UN multilateralism. We asked permission from the Arab League to intervene in Libya. We celebrated treating enemies and friends alike as neutrals. It did not quite work. Israel is still a democracy; its neighbors still are not. Europe’s leaders still accuse Obama as much as they did Bush. Hussein as a middle name means nothing to the Middle East. Putin is still Putin, and China still is China. Soon we will return to a quiet sense of American exceptionalism, but this time more so, given that the naysayers have had their naysay. Proper appreciation of U.S. global power and moral international citizenship likewise will restore confidence. I don’t think we will hear anymore that Bush turned off theocratic Iran, that Bush radicalized the Palestinians, that Bush destroyed relations with Turkey or Pakistan, or alienated Russia. In all these cases, things are about the same as in 2008 — or much worse.
Finally, the U.S. military has only improved in the last decade. It secured Iraq against all odds. Its Predator drones, in challenge and response fashion, have outpaced the new terrorism.
The domestic critique of the Bush-Cheney anti-terrorism protocols has been rendered mere partisanship by the Obama embrace or expansion of nearly every element that was once demonized between 2002-8. Obama’s unintended legacy is to legitimize Guantanamo, Iraq, renditions, tribunals, preventative detention, the Patriot Act, and so on. A Barack Obama who demagogued waterboarding won’t again — unless waterboarding three self-confessed mass-murdering terrorists is a "war crime" while blowing up over 2,000 suspected terrorists (and any in their vicinity, including U.S. citizens) with judge/jury/executioner missiles is not. (I think the current administration’s idea is simply that the more we vaporize in Waziristan, the less hassle we have with live suspects at Gitmo — again, on the rationale that a current senator, posing like Obama in 2007, can always have a field day with a captive live person in U.S. custody, but not so much with a dead one on foreign soil.)