Obama’s Failed Presidency

I’m a former lifelong Democrat, stating here a clear and incontestable fact: Barack Obama is a failed President.

It’s true not just because of the sad realities such as that «Top Ex-White House Economist Admits 94 % Of All New Jobs Under Obama Were Part-Time» — or, as the economists Alan Krueger and Lawrence Katz wrote in the original of that study: «94 percent of the net employment growth in the U.S. economy from 2005 to 2015 appears to have occurred in alternative work arrangements». («Alternative work arrangements» referred there to Americans who were involuntarily working only part-time jobs — they simply couldn’t find full-time, though that’s what they wanted.) In other words: Obama’s failure isn’t just because of America’s increasingly sales-clerk, and burger-flipping, workforce.

And Obama’s failure is also not just because «Poverty Rose In 96 % Of U.S. House Districts, During Obama’s Presidency». (However, that reality turned out to be decisive in Hillary Clinton’s loss to Donald Trump on November 8th, as Nate Cohn pointed out in The New York Times on December 23rd, headlining, «How the Obama Coalition Crumbled, Leaving an Opening for Trump». Hillary was running on Obama’s poor record.)

Obama’s Failed Presidency

Obama’s failure is also because of other important reasons. Among them is the uncounted thousands of people who were killed in, and the uncounted millions of people who became refugees from, the places where Obama (or else his installed regimes) bombed and caused the residents to either die or flee. George W. Bush’s destructions of Iraq and even Afghanistan were now being followed by the destructions of Libya by Obama and Sarkozy, and of Syria by Obama and Saud and Thani and Erdogan, who armed the tens of thousands of jihadists and sent them into Syria to overthrow and replace Assad — and Bush’s destructions were followed also by Obama’s keeping in power the barbaric junta-regime that replaced the democratically elected Honduran Presiden Manuel Zelaya on 28 June 2009 shortly after Obama entered the White House (and this junta-regime, in turn, caused Honduras’s murder-rate to soar 50% to become the world’s highest, which then caused hundreds of thousands of Hondurans to flee and become undocumented U.S. immigrants, against which Donald Trump campaigned).

The Obama regime has thus created far more misery outside America, than inside it. Failures such as those didn’t cost Hillary Clinton many (if any) votes (because most voters didn’t even know about these foreign-affairs matters), but those failures were actually even bigger than Obama’s failures in purely domestic U.S. policy matters (which voters do know about). Trump campaigned against ‘illegal immigrants’, but he never even called attention to those people’s fleeing the hells that the U.S. regime had created in not only Honduras but earlier in Guatemala and El Salvador — coups and U.S.-trained death squads.

In noting Obama’s failures, I’m not a Republican; I’m no one who is condemning Obama for his allegedly being a ‘Marxist’ ‘Muslim’, or some other imaginary distraction from the reality (a reality which is too Republican for Republicans to be able to criticize — so, they’ve insteadignored that reality, and cited fake ‘reasons’ against him, including ‘death panels’ and other fabrications, which Republicans then forgot about after their fraudulent allegations against him became clear, to all but insane people, as being just Republican lies).

Obama is a failure not because he wasn’t sufficiently conservative or ‘Christian’ (as Republicans had constantly accused him of having been), but instead because he wasn’t sufficiently progressive (nowhere close to being a progressive) — and, in many ways, he was actually far more conservative than any of his duplicitous campaign-rhetoric had pretended him to be. He’s an extraordinarily gifted liar — he was phenomenally successful at that.

And I am not blaming Obama for congressional Republicans’ having been more obsessed with making him be a failed President, than they were interested in making America be a successful nation. Republicans lie at least as much as he does, just not nearly as skillfully. (They especially can’t feign compassion as skillfully as he.) This article thus does not blame him for what the overt Republicans were doing to cripple the little good he had actually tried to achieve — such as closing Guantanamo. It’s only about Obama’s failure.

Obama’s failure was all his own — it’s not because of the good things that Republicans had blocked him from doing; it is instead because of the horrible things (such as his failed TPP, TTIP and TISA trade-treaties, and his successful 2011 killing of Gaddafi, and 2014 coup in Ukraine) that were central to his actual agenda — a conservative, even reactionary, agenda, which favored the interests of the hundreds of billionaires who control U.S.-based international corporations, above the interests of the 300+ million American people, whom the U.S. President is supposed to be serving.

I voted for Barack Obama both times, because both of his opponents («Bomb bomb bomb Iran» McCain in 2008, and «#1 geopolitical foe» Romney in 2012) were clearly determined to focus America’s enormous military expenditures away from exterminating the jihadists and their Saudi funders, toward instead conquering Iran (McCain) and Russia (Romney), and also because Republicans — throughout at least the period extending from 1910 to 2010 — consistently had, in fact, produced a record of far less success with the U.S. economy, than did Democrats, and especially because neither McCain nor Romney had repudiated the very worst President in U.S. history (at least prior to Obama) and his atrocious record of lies and needless bloodshed and invasions: George W. Bush — Bush’s Party instead reaffirmed that monstrous President.

And, consequently, I never expected Barack Obama to turn out to have been, quite possibly, even a worse President than Bush. Nobody expected that — except Republicans, for whom Bush wasn’t bad enough to satisfy them (and certainly not bad enough for them to apologize for — so, they did not apologize for him).

Here, then, is Obama’s astounding record of failure:

«From a Democracy to a Plutocracy»

«Understanding President Obama’s Strategy to Force Cutting Social Security, Medicare, and Medicaid»

«Obama Finally Lays His Cards on the Table»

«Barack Obama Is Now Completing His Long-Held Plan to Subvert the Democratic Party»

«Obama: ‘I Don’t Care About the Public’s Welfare’».

As that last one documented, the Obama ‘Justice’ Department scored an all-time low number both of financial institution fraud prosecutions, and of white-collar-crime prosecutions. Obama came into power immediately after an economic crash that was loaded especially with financial-institution frauds. He protected the banksters. So, financial-executive-fraud prosecutions didn’t soar, like they should have; instead they plunged. Like Obama told the Wall Street bigs, near the start of his regime, on 27 March 2009, in private, inside the White House: «My administration is the only thing between you and the pitchforks. … I’m not out there to go after you. I’m protecting you… I’m going to shield you». And that’s what he did. And, on 20 September 2016, Dave Johnson of the Campaign for America’s Future, headlined «Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud», so there was no way that the employees could keep their jobs except to do the crimes that they were being virtually forced by their bosses to do.

The criminality was actually at the very top — where Obama had promised «I’m protecting you». So, the TARP’s Inspector General urged, on 26 October 2016 (since the President was refusing to prosecute those people), «that Congress remove the insulation around Wall Street CEOs and other high-level officials by requiring the CEO, CFO and certain other senior executives to sign an annual certification that they have conducted due diligence within their organization and can certify that that there is no criminal conduct or civil fraud in their organization». The Special Inspector General of TARP, Christy Goldsmith Romero, was proposing this, as being the way to make prosecutions, of these top-level fraud-executives, so easy that the Obama Administration’s claims — that there was no top-level fraud that could be prosecuted — would be an even more blatant, absurdly false, lie, than it had been.

If this country were Ukraine, or even Russia, then Americans (trained by decades of a CIA-controlled ‘free press’) would say «Oh, of course those countries are corrupt, but America isn’t like that». But, at least under Barack Obama, ‘we’ were that. This was America — and ‘our’ President was protecting the elite fraudsters, instead of prosecuting them.

Nonetheless, anyone who would say that the American people are not better off now than they were at the end of Bush’s disastrous Presidency would be either misinformed or lying, because there’s lots of data showing that, finally, eight years after Bush, Americans are better off than they were at the end of Bush’s miserable eight years (even though not yet better off than Americans were prior to Bush’s 2007-2008 crash). And the Administration published on December 15th its record of ‘successes’ «The 2017 Economic Report of the President» which was real but not adjusted for the fact that Obama came into office at the pit of the economic crash, which means that such ‘successes’ are almost inevitable, hardly a credit to Obama. But yet, the reality stands, that the Obama economic recovery was the weakest in the entire post-World-War-II period. Plus, the federal debt doubled on his watch, even while, as that Economic Report mentioned only in passing: «The United States has seen a faster increase in inequality in recent decades than any of the major advanced economies, and despite the historic progress made over the last eight years, the level of U.S. inequality remains high». Normally, after an economic crash, economic inequality reduces; but under Obama it remained at or near its pre-crash high.

It was an economic record (and an invasion and coup record) of which any Republican President could justifiably have been proud (since conservatives favor inequality, a caste system) — but no Democrat could (except fake ones — such as Obama and the Clintons).


Articles by: Eric Zuesse

About the author:

Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]