The Pot Calls Out the Kettle

President Obama defies convention in his talk of Mr Trump.

I think the Republican nominee is unfit to serve as president. I said so last week, and he keeps on proving it.

To be so open about it the president must, no-doubt, believe this ardently. He must feel also that he has earned the right and confidence of the American people. And certainly he would have a lot of people who would agree with him. Perhaps that is why he said it? But I am happy to give him the benefit of the doubt, and consider it the former—that he said it out of a pure zeal for what he believes to be so.

Not many of us know what it’s like to run a country, let alone the world superpower (most of us have trouble enough running our own household). And there’s that old caveat about statistics. Nevertheless, others have looked at President Obama’s tenure (and many still will):

U.S. Economic Indicators under President Obama

The Good
united-states-gdp
source: tradingeconomics.com

BN-DY742_rise08_G_20140804141651

The BAD

BN-DV798_income_G_20140725164636

BN-DY735_part08_G_20140804135739

and The Unprepossessing

BN-DV803_snapfa_G_20140725165306

BN-DY744_pregro_G_20140804143135

Before 1980, greater increases in government debt were subsequently repaid. Since the 1980s that all changed, with ever-increasing debt (and perhaps no intention of ever paying off that debt) becoming the new norm.

history-of-us-taxes-

The only time in history that U.S. government debt has been higher was in 1946 (118% of GDP) to fund the war effort. The debt is currently equal to that of GDP: the U.S. government spends as much as the entire nation produces. In the mid 1900’s, annual government spending was just 3% of GDP. [Image: Metrocosm]

What of the social ramifications of the current president’s tenure? What of the street riots, police shootings, and general discontent? Not that we are blaming the president for these things, but they are part of the general malaise that seems to have gripped the U.S.

[Image: Metrocosm]

incarceration-rate-developed-countries

Presidencies are more than just economies, and superpower presidencies far more than domestic issues alone. Think back to before 2008, when there was very much a global status quo. That state of equipoise was delivered by a century of American global oversight—our pax Americana.

Admittedly, 2008 was the time the GFC hit the globe. Nonetheless, we have since seen a planetary shift in fundamental international relations, most notably in the Middle East, and we appear to be falling headlong into another Cold War.

More than anything else, this presidency will be marked by an unmatched keenness to maintain American hegemony while drawing down on the resources used to do so. It is the age of “managing” international relations by forcing other nations to do much of the heavy lifting. It is (and will be) seen in the South Pacific, in Eurasia, in South America, and it’s wake is the very vortex in the Middle East.

That is, and will be, Mr Obama’s legacy.

And with that legacy, is the president entitled to his opinion? Has the president won the overwhelming confidence of the American people to give that opinion? Does the president have the authority, with the runs on the board, to dote some grandfatherly gesture to his ‘progeny’ like so?

Fit?

As far as my eyes see, America (and the world) is not fit for a haircut. And much of that is because of what has occurred on the current president’s watch.

We are at a precarious time in human history, in absentia of leaders. All is not well.

References

Further Reading

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