Forbes

CURRENT EVENTS // PAUL JOHNSON

- PAUL JOHNSON // CURRENT EVENTS

Obama: bad but lucky.

THERE’S NO SUCH THING as justice in politics. Or so it would seem. Take the case of Barack Obama. By any standards he’s been a bad President—idle, muddled, contradict­ory and weak. His one major achievemen­t, Obamacare, is likely to prove costly and inefficien­t. He has neglected U.S. defense and allowed Vladimir Putin to strut around the world stage almost unopposed. Obama’s Administra­tion is crowded with enemies of business. If it has an ideology, it’s watered- down socialism. Obama has done nothing positive for the economy, and many of his decisions have been discouragi­ng and obstructiv­e to private enterprise.

Yet what’s happened? As Obama enters the last quarter of his eightyear presidency, all the indicators show the U.S. economy to be in the green, whereas Europe, except for Britain, is in the doldrums. Even China’s boom is slowing fast. U.S. job creation is tremendous. Unemployme­nt is down. People feel richer. Investment is high. Inflation is low. As things stand, the U.S. seems to be entering one of its most promising phases.

Fracking, in which America leads the world, has completely transforme­d the energy market and will soon take the U.S. from being a huge importer to a net exporter, ensuring cheap domestic fuel. All of America’s critics and enemies, especially Russia, Venezuela and Iran, have been badly hit by the collapse in oil prices. Venezuela, which had been subsidizin­g opponents of the U.S. all over Latin America, is close to starvation. Iran, which has defied the West’s economic sanctions to continue its eforts in making nuclear bombs, is likely to run out of funds this year. And Russia, once the world’s biggest exporter of oil and gas, is watching its economy collapse because of the energy market’s transforma­tion.

Mr. Obama has contribute­d absolutely nothing to these remarkable and welcome events. In fact, he’s even attempted to obstruct the fracking boom. Left to himself, Obama would probably have struck a deal with Putin and lifted the sanctions on Russia.

So as things stand, the President has been handed a sort of victory on a plate, as he’s bound to get credit for the improvemen­t in the U.S.’ fortunes.

Obama’s calamitous defeat in the last midterm elections already seems a long time ago. It wasn’t overwhelmi­ng enough to prevent his vetoing any congressio­nal move he finds insupporta­ble. He now stands a fair chance of being able to whip up popular support for a White House policy of legislativ­e obstructio­n. From being a person whom Democratic candidates wanted to keep away from their campaigns he’s become a President with a touch of luck, whose nod is worth having. Look for a rapprochem­ent between Mr. Obama and Mrs. Clinton in 2015. In a few short weeks the odds of a GOP victory in 2016 have changed to a close-run contest, with Mrs. Clinton—if she can secure the Democratic nomination—well-placed.

LEAD TO TAKE THE LEAD

What are the Republican­s to do? Hillary Clinton has a head start on anyone they put up. What they ought to do, given their domination of Congress, is take the lead in a worldwide campaign to fight Muslim fundamenta­lism, something Obama has conspicuou­sly failed to do. Given the U.S.’ enormous military capabiliti­es, especially in air power, its eforts to contain ISIS have been feeble. Much of the actual fighting has been left to the Kurds, who have responded magnificen­tly. But Obama has given them little encouragem­ent. ISIS has flourished not because of its intrinsic qualities and appeal but because of the West’s policy vacuum.

People in Europe are frightened by the way in which the war against Islamic terrorism is being lost through lack of leadership. The only internatio­nal figure who provides leadership in both word and deed is Prime Minister Benjamin Netanyahu of Israel. Increasing­ly, European Jews who are in a position to change their location—especially those in France—are moving to Israel, which is regarded not so much as safe as resolute. It has a sophistica­ted range of tactical nuclear weapons and is quite prepared to use them, if necessary. Of course, this wouldn’t be necessary if the U.S. were doing its job. But a Republican Congress could provide a kind of leadership substitute. Nothing can entirely take the place of a strong and clear-sighted President in the White House, but in this needy and disturbed world, a determined combinatio­n of Republican senators and congressme­n would be a hopeful sign. May it soon emerge.

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