Newsweek On Barack Obama – ‘We Need A New President”

This week’s cover of Newsweek is certainly an entirely out of place moment for the longstanding and avid supporter of Barack Obama.  Not sure what the “story behind the story” actually is, but for all of us who long ago realized that Barack Obama must not be allowed a second term of damage upon the United States, we’ll take it…


…Yet the question confronting the country nearly four years later is not who was the better candidate four years ago. It is whether the winner has delivered on his promises. And the sad truth is that he has not.

…Welcome to Obama’s America: nearly half the population is not represented on a taxable return—almost exactly the same proportion that lives in a household where at least one member receives some type of government benefit. We are becoming the 50–50 nation—half of us paying the taxes, the other half receiving the benefits.

…The failures of leadership on economic and fiscal policy over the past four years have had geopolitical consequences. The World Bank expects the U.S. to grow by just 2 percent in 2012. China will grow four times faster than that; India three times faster. By 2017, the International Monetary Fund predicts, the GDP of China will overtake that of the United States.

…“This is what happens when you get caught by surprise,” an anonymous American official told The New York Times in February 2011. “We’ve had endless strategy sessions for the past two years on Mideast peace, on containing Iran. And how many of them factored in the possibility that Egypt moves from stability to turmoil? None.”

…Mitt Romney is not the best candidate for the presidency I can imagine. But he was clearly the best of the Republican contenders for the nomination. He brings to the presidency precisely the kind of experience—both in the business world and in executive office—that Barack Obama manifestly lacked four years ago. (If only Obama had worked at Bain Capital for a few years, instead of as a community organizer in Chicago, he might understand exactly why the private sector is not “doing fine” right now.) And by picking Ryan as his running mate, Romney has given the first real sign that—unlike Obama—he is a courageous leader who will not duck the challenges America faces.

The voters now face a stark choice. They can let Barack Obama’s rambling, solipsistic narrative continue until they find themselves living in some American version of Europe, with low growth, high unemployment, even higher debt—and real geopolitical decline.

Or they can opt for real change: the kind of change that will end four years of economic underperformance, stop the terrifying accumulation of debt, and reestablish a secure fiscal foundation for American national security.

I’ve said it before: it’s a choice between les États Unis and the Republic of the Battle Hymn.

I was a good loser four years ago. But this year, fired up by the rise of Ryan, I want badly to win.


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Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence. -G. Washington

9 Comments to Newsweek On Barack Obama – ‘We Need A New President”
      • copper
      • Consider WHY this is on the cover.It’s the game of HOT POTATO. Bill is trying to get out of his ‘project’ in order to spend four years campaigning for Hillary for 2016. The Marxists have decided that they will wait another four years to create their Marxist Utopia. Let the Repubs have at it. And during that time when the belt gets tightened, they will squeal about the hateful Repubs killing the poor….

    • AmericaTheBeautiful
    • We can be certain Newsweek will cite this coverstory as cover for the repeated hit pieces to come…. on Romney and Ryan… as we close into the election…the gutter theyll seek will be as filthy as we expect

      This excerpt tells a truth ….Americans are warming to the truth with Romney Ryan…and conservatives take heart that Ryan expresses the soul of Romney’s policies….and it psyches out the man who calls hims Obama

      Over the past few years Ryan’s “Path to Prosperity” has evolved, but the essential points are clear: replace Medicare with a voucher program for those now under 55 (not current or imminent recipients), turn Medicaid and food stamps into block grants for the states, and—crucially—simplify the tax code and lower tax rates to try to inject some supply-side life back into the U.S. private sector. Ryan is not preaching austerity. He is preaching growth. And though Reagan-era veterans like David Stockman may have their doubts, they underestimate Ryan’s mastery of this subject. There is literally no one in Washington who understands the challenges of fiscal reform better.

      Just as importantly, Ryan has learned that politics is the art of the possible. There are parts of his plan that he is understandably soft-pedaling right now—notably the new source of federal revenue referred to in his 2010 “Roadmap for America’s Future” as a “business consumption tax.” Stockman needs to remind himself that the real “fairy-tale budget plans” have been the ones produced by the White House since 2009.

      I first met Paul Ryan in April 2010. I had been invited to a dinner in Washington where the U.S. fiscal crisis was going to be the topic of discussion. So crucial did this subject seem to me that I expected the dinner to happen in one of the city’s biggest hotel ballrooms. It was actually held in the host’s home. Three congressmen showed up—a sign of how successful the president’s fiscal version of “don’t ask, don’t tell” (about the debt) had been. Ryan blew me away. I have wanted to see him in the White House ever since.

      It remains to be seen if the American public is ready to embrace the radical overhaul of the nation’s finances that Ryan proposes. The public mood is deeply ambivalent. The president’s approval rating is down to 49 percent. The Gallup Economic Confidence Index is at minus 28 (down from minus 13 in May). But Obama is still narrowly ahead of Romney in the polls as far as the popular vote is concerned (50.8 to 48.2) and comfortably ahead in the Electoral College. The pollsters say that Paul Ryan’s nomination is not a game changer; indeed, he is a high-risk choice for Romney because so many people feel nervous about the reforms Ryan proposes.

      But one thing is clear. Ryan psychs Obama out. This has been apparent ever since the White House went on the offensive against Ryan in the spring of last year. And the reason he psychs him out is that, unlike Obama, Ryan has a plan—as opposed to a narrative—for this country.

    • Jules
    • Barry: Of course I’m for prosperity. I don’t begrudge anyone his success. Why do you greedy, fatcat capitalist pigs doubt me?

      Aaaaaand those tea people, the-the tea bag party folks? Uuuh why don’t they and those people who who cling to their guns and bibles, afraid of change, you know who I mean wavin’ their flags,uuuuh wavin’ tea bags heh-heh – why don’t they believe I’m patriotic?

    • Jen Gelman
    • Isn’t it just possible that the Clinton’s have engineered the political downfall of 0bama behind the scenes (not that he need that much help)?

      Hillary will make her move at the convention. Does WHI know anything about this?

    • cobra
    • All the bills are cashed by the those insulted or wronged by Zero, now.
      The long knives are coming out and will end in his back.

    • VTX
    • Watch for the avalanche; this is just a loosening of the upper levels, rolling on unsteady, heavy, fresh, wet snow that’s fallen on slippery icepack on a steep slope at the top of the mountain.

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