Writer Paul Krugman beautiful breaks down why all the Obama-bashing is ill-suited and “misguided”. Critics from all angles tear apart the Obama administration but in the Rolling Stone article, Krugman wants to come to the defense of Barack Obama, even crowning him as one of our most successful presidents.
In the article, Krugman breaks down Obama’s presidency into six parts: financial reform, health care, social, economical and environmental changes and national security.
Here’s an excerpt from the Rolling Stone article written by Paul Krugman:
In Defense of Obama
The Nobel Prize-winning economist, once one of the president’s most notable critics, on why Obama is a historic success
Obama faces trash talk left, right and center – literally – and doesn’t deserve it.
Despite bitter opposition, despite having come close to self-inflicted disaster, Obama has emerged as one of the most consequential and, yes, successful presidents in American history. His health reform is imperfect but still a huge step forward – and it’s working better than anyone expected. Financial reform fell far short of what should have happened, but it’s much more effective than you’d think.
Economic management has been half-crippled by Republican obstruction, but has nonetheless been much better than in other advanced countries. And environmental policy is starting to look like it could be a major legacy.
Am I damning with faint praise? Not at all. This is what a successful presidency looks like. No president gets to do everything his supporters expected him to. FDR left behind a reformed nation, but one in which the wealthy retained a lot of power and privilege. On the other side, for all his anti-government rhetoric, Reagan left the core institutions of the New Deal and the Great Society in place. I don’t care about the fact that Obama hasn’t lived up to the golden dreams of 2008, and I care even less about his approval rating. I do care that he has, when all is said and done, achieved a lot. That is, as Joe Biden didn’t quite say, a big deal.